The dramatic rise in input prices is further squeezing margins for a sugarbeet grower in west-central Minnesota.
Nate Hultgren of Raymond says back in the 1990’s beets were consistently profitable.
“And (now) we’re not seeing that wide margin in the years when you do knock it out of the park, and most of that is because our fixed costs, or the cost of production, has gone up so much compared to what we’re getting for revenue on the crop.”
He tells Brownfield higher fertilizer and herbicide costs are cutting into an increasingly narrow margin, and he pleads with the government to not make matters worse.
