Cost of Production

Skeptic, heretic, eccentric, disruptor—Roy Pfaltzgraff pleads guilty to all. “People think I’m crazy. They’re right, I am crazy, but I’m also the owner of a farm that is working great.”
Every year, farmers from the Northern Plains make their way to the Alerus Center in Grand Forks, ND...for the CHS Ag Services Ag Industry Day where they got an update on weather, agronomics and markets for 2023.
Morocco is sitting on 75-85% of proven global phosphate reserves, but projections of phosphate depletion span from 50 to 300 years. John Phipps explains why the concerns about peak phosphate production may be overblown.
Despite weather trends, planting projections for 2023 find corn, wheat and soybeans similar to 2022, for a combined 228 million acres—a 3% increase from 2022.
With higher-than-average costs and spring planting on the horizon, farmers are locking in their 2023 input needs.
Early projections show a clear trend of higher input costs for 2023. Are these projections causing you to lock in inputs sooner or later? Take our poll!
Hit the ground running this spring by doing your prep work now.
Danny Murphy once paid $10 for a bag of soybean seed, 18 to 30 cents per gallon for diesel, $200 per ton of urea, $20 per day for hired labor, and $25 cash rent. That was then; this is now.
If you’re renting farmland to or from others, you have many things to consider – from managing long-term agreements and land improvements to zeroing in on the right insurance. Here are four boxes you’ll want to check
When John Deere carted home a broken bandsaw blade and forged a moldboard plow, agriculture and America changed forever. Farm steel changed history.
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