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Along with the recent rise in commodity prices, producers have seen increasing input prices, illustrating the importance of knowing your operation\\u2019s cost of production. To discuss how cost-of-production budgets can assist crop producers in getting a handle on their finances, is Cory Walters, a professor and grain marketing specialist, and Glennis McClure, a farm and ranch management analyst. Both work in the Department of Agricultural Economics at the University of Nebraska-Lincoln.
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