Specialist: Farmers likely to spend
more to produce 2011 crops
November 29, 2010
By Steve Leer
Grain prices moved higher this year and the costs of growing them are likely to do the same in the year ahead, according to Purdue University estimates.
The 2011 Purdue Crop Cost & Return Guide projects that farmers could see double-digit increases in variable costs, which include fertilizer, seed, pesticides, fuel, machinery and other expenses not related to labor or land rental.