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The cost of growing crops could outpace revenue for many farmers in 2022, making it more difficult to break even despite rising commodity prices and increased demand both domestically and globally.The American Farm Bureau Federation (AFBF) published a report that shows farm production costs are likely to increase 6% in 2022, which follows a 12% increase in 2021. This continues a trend stretching back several years.Since 2013, farmers have seen almost all production expenses increase, AFBF noted. For example, livestock and poultry expenses have gone up 46%, and marketing, storage and transportation costs have increased 59%.Farmers are seeing a number ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331