A Georgia cotton producer says he’s optimistic for a better balance sheet in 2023.
Matt Coley tells Brownfield input costs have dropped significantly from year-ago levels. “We’re probably going to end up spending $50 to $60 an acre less on fertilizer than we did last year,” he says. “But even with the decreases in some inputs, our cost of production is still going to be at prices that are significantly higher than what we’ve become accustomed to.”
Coley says the one input that has yet to decline significantly has been the cost of diesel.
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