An annual project at North Dakota State University that helps farmers determine the potential profitability of various crops projects a negative return on many crops this year.
NDSU Farm Management Specialist Andy Swenson tells The Bismarck Tribune that commodity prices have dropped but production expenses haven’t.
The crop budgets show a positive return is expected in about half of the state for spring wheat, durum wheat and soybeans. Projected returns for corn are negative in all regions except the west. Lentils are projected to bring the best returns of any crop.
Swenson says the estimates for returns don’t take into consideration price and yield variability or risk.
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