Budgets show higher production costs for 2005

Jan 14, 2005
Total direct costs of production in 2005 will increase more than 10 percent for most crops because of higher fertilizer and fuel expenses, according to Andrew Swenson, North Dakota State University Extension Service farm management specialist. Fertilizer is typically the largest and most volatile direct cost of crop production. Fertilizer prices are higher because of energy costs and global demand. Unfortunately, this coincides with low levels of soil nitrogen throug...

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