It’s time to make a plan. Projections show you will face higher costs and lower returns for 2023.
Inflation, supply disruptions and geopolitical issues are just a few of the factors causing higher costs for corn and soybean production, according to the University of Illinois. The first round of 2023 Illinois Crop Budgets released by the University of Illinois show both land and non-land costs will be significantly higher for next year.
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Uncertain 2023 Crop Margins