Crop returns growing as production
costs rise, specialists say
February 25, 2011
By Steve Leer
Farmers will spend more to produce their 2011 crops but they're likely to make that up - and then some - from higher grain prices, say two Purdue University Extension specialists.
Which crops farmers choose to plant this season also will play a factor in the returns they'll earn, said Craig Dobbins and Bruce Erickson of Purdue's Department of Agricultural Economics. The numbers suggest a corn-soybean rotation is the best choice, with double-crop soybeans/wheat a good option for those farmers living in areas where that cropping system is viable.