A central Indiana farmer says record input prices are overshadowing favorable corn and soybean prices.
Mike Beard tells Brownfield his farm’s projected cash flow for 2022 is similar to last year.
“I’ll tell you I have an empty pocketbook. Everybody told us to go out and buy inputs early and we tried with what was available, but those were two-three times as expensive as they were last year,” he says. “When I got done figuring out my proposed cash flow for 2022 it doesn’t look a bit better than last year, and I’ve got nice prices to plug in with around $6 for corn and $13-$14 for soybeans.
