Following a year with good yields and strong prices, many Midwest farmers are optimistic that this year will also be profitable. But rising interest rates, uncertain weather and global conditions add a little caution to their optimism.
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Interest rates, rising costs dampen optimism for ‘23
The corn residue near Goodfield in central Illinois is evidence of good yields in 2022 and a basis of optimism for farmers in 2023.
After an eventful 2022, farmers are looking ahead to the new year and what it might bring. There are the usual uncertainties, but ag economist…
