Lower agland, input costs seen by ISU for ’18

Land and input costs for corn and soybean production are expected to decline in 2018, according to research conducted by Iowa State University Extension and Outreach.

The research, released in ISU Extension and Outreach publication “Estimated Costs of Crop Production in Iowa – 2018” (FM 1712), shows soybean costs falling by $10 per acre from 2017 levels and corn production dropping by $5 per acre. All cost estimates in the report look at average cost for farms in Iowa.

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