Significant Changes in Cost of Production for 2022 Crops
For the 2022 crop production year, 84 Nebraska crop budgets, including two cover crops and a pasture budget, were prepared by crop specialists and extension economists at the University of Nebraska-Lincoln. The 2022 crop budget information is provided in three formats, including the new report format from the Center’s new Agricultural Budget Calculator (ABC). Excel and printable pdf file versions are available as well.
Higher fuel, fertilizer and pesticide costs are the main drivers of projected production cost increases for crops produced in 2022. Higher machinery and land costs are factors adding to cost increases as well.
Read this Cornhusker Economics article to review the 2022 crop budgets and learn more about factors that influenced this year’s projected production costs.