NDSU released its projected crop budgets for 2023, which vary by region and crop. NDSU Extension Farm Management Specialist Ron Haugen says according to their budgets farmers should make a decent profit across most crops. “There’s a few crops in the negative, but generally they look good because commodity prices are relatively high even with inputs getting expensive.” Haugen says expenses for the upcoming year are more certain so calculating budgets should be easier compared to last year. “Things were so volatile with the war, the upturn in fuel prices, and fertilizer challenges, so it was harder to budget.”
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