Grain prices look favorable for breakeven or higher

Grain prices look favorable for breakeven or higher

An ag economics professor says despite record high input costs, commodity prices are still at a spot for grain farmers to at least break even in 2022.

Paul Stoddard with the University of Illinois tells Brownfield the spike in input costs per acre this year is a top concern for farmers, as it should be.

“Leaving land out of it and looking at seed, fertilizer, chemicals etc., the price to grow corn per acre has gone up by about 30% and beans have gone up by about that same amount.