Agribusiness
Since the 2018 farm bill, US farm costs are up 44%, debt 50%, interest 63% and land 46%
An AFBF analysis with bankers, Farm Credit and the soybean, wheat, corn, sorghum and rice groups shows input prices paid by crop farms up 38% against 24% for prices received, production expenses at $492.8 billion, debt at $605.1 billion and cropland at $6,020 an acre — the case, it argues, for a new
