In this opinion piece, former Secretary of Agriculture Mike Johanns discusses how more producers should take advantage of renewable projects to help supplement and diversify their income, in light of decreased projections of net farm incomes for 2023.
and you are looking at triple digit percent increases for the major fertilizer prices as they are today, so that goes into th higher food prices and then as you mentioned, fuel as the othe big input cost. the fuel prices for the trucks to move these things around our up significantly come up 64 percent from a year ago. look at the net farm incomes, the 2022 forecast of $113 billion, joe were pointing out that s actually down from the net farm income of 2021 while food prices have gone so much higher so explain. that is 100 percent accurate in looking backwards, it s a real situation that you are going to be able to your not going to be able to determine exactly what he s going to make on his farm until he has his harvest occur, but the inputs