is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist
Corn+Soybean Digest

Expect Costlier Season

Producers will see a 7-10% increase in the overall costs of crop production in 2004, says Alan Miller, farm business management specialist at Purdue University.

"The price of nitrogen has increased 26-30%, phosphate by 10%, and potash has increased by 8% since last January (2003)," he says. "Because of these increases, the cost of fertilizer will show the biggest overall increase in input costs in 2004, adding $11/acre for corn and $2/acre for soybeans over last year's cost."

Expect an 8% hike in soybean seed costs due primarily to an increase in the tech fee for Roundup Ready seed. Farmers will also pay up to 5% more for chemicals, 3-5% more for farm wages and 1-2% more for machinery.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.