Iowa State Releases Crop Production Costs Estimate
Budget Outlook for 2024
Iowa State University recently released their annual Estimated Costs of Crop Production in Iowa for the 2024 growing year. These estimates are intended to be an average for the entire state and are not likely to hold at the farm level. These estimates are useful for understanding the economic outlook of crop production in the state.
Table 1 shows Iowa State’s estimated 2024 breakeven prices for corn following corn, corn following soybeans, and soybeans...
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