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Farmers Optimistic Despite Rising Costs and Declining Soybeans

10/4/2025

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Story summary
  • Wisconsin farmers remain optimistic about corn yields, expecting a 13% national increase despite high costs.
  • National soybean production is projected to decline slightly, pressured by Brazil and China tensions.
  • Midwestern farm incomes have fallen as production costs stay high, raising bankruptcy concerns.
  • Input costs have surged since 2020, with labor up 47% and fertilizer up 37%.