Published by admin on Thu, 06/02/2022 - 4:30am
Amid rising prices for fuel and fertilizer and with late planting a complication, farmers have a new area of concern as inflation pushes the cost of land rents even higher.
Following on the heels of near-record land prices, the cost of renting farmland is also up precipitously.
A survey by Iowa State University Extension and Outreach has rents up an average of 10.3 percent just this year.
That presents a hit for farmers, though for now a majority of farmers should be able to break even.
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