A new report from the N.C. Department of Agriculture and Consumers Services State and Federal Market News Service will help farmers track fertilizer and diesel fuel costs — two significant production expenses. The production cost report will be released each Friday.
“The data is collected from various dealers to compile a price range and average in order to protect the anonymity of individual dealers,” said Agriculture Commissioner Steve Troxler. “With the planting season under way, this information will be especially timely for growers.”
Growers will find prices for six different types of fertilizer or soil amendments, along with information on diesel fuel. The report can be found on the Market News website at http://www.ncagr.gov/markets/mktnews/RA_GR210.TXT.
The goal of the Market News Service is to provide members of the agriculture industry with information to assist them with making business decisions. Information provided can assist producers with financial planning, assist insurance companies with insurance claim settlements and benefit other members of the industry.