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Sunday, December 22, 2024

A Look at Production Costs and Implications for Agriculture

A Look at Production Costs and Implications for Agriculture

Agricultural production is filled with uncertainty and risk. There are many factors outside of farmers’ control that can affect profitability, making risk management an essential business practice. One area that has impacted producers in 2022 has been the continued rise in input prices. Initially fueled by supply chain disruptions from the sudden impacts of COVID-19, agricultural producers have been facing increased production costs on key inputs since 2020. . .

https://www.aces.edu/.../a-look-at-production-costs-and.../

Original source can be found here.

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