Some farmers say they’re continuing to assess how expenses are impacting their bottom lines.
Central Nebraska farmer Clay Govier says some operations are absorbing higher costs differently than others.
“Your much larger farmers kind of have the economies of scale so they can, you know, buy fuel and fertilizer and have more storage options when your smaller operators just don’t have that ability.”
Kansas farmer Paul Penner says elevated inputs are also impacting wheat growers and this year could decide which farms are well managed.
“Cost of production ranges anywhere from $7.50 a bushel to north of that significantly. The profitability aspect is very concerning, I believe, for a lot of farms.”
South-central Iowa farmer Steve Kuiper says he lowered fertilizer application rates on some of his acres, but, “The problem is if you don’t put potash and phosphate on, at some point you’re going to end up paying for it. So, you kind of have to keep feeding it.”
The farmers say they’re focused on finding different ways to maximize the efficiency of their inputs.
