Input Price Hikes Mean It's Time To Adjust Crop Budgets

By Glennis McClure

Delta Farm Press

Crop prices have been higher in 2021. Operating and input costs have been on the rise too. As decisions are made for the remainder of the crop season and preparing for 2022, staying current with cost of production and breakeven estimates is important.

One of the best ways to do this is by using enterprise budgeting, which is key when making the best management choices such as input selection, production considerations, capital (machinery and land) purchases and marketing plans.

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