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Corn growers form task force to tackle high production costs amid price slump

NCGA reports input costs down only 3% while corn prices fell 50% since 2022.

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The National Corn Growers Association has launched a task force to identify solutions for reducing farm production costs amid a sustained low-price environment.

Corn growers nationwide are experiencing their third consecutive year of negative returns, with 2026 projected to continue this trend.

"Corn growers have been sounding the alarm for a while that on-farm economics are not working," said Kenneth Hartman Jr., NCGA president and Illinois farmer.

NCGA economists report that while corn prices have declined more than 50% since 2022, input prices have fallen just 3% from their peak, leaving farmers unable to offset costs despite higher yields.

The task force is led by Matt Frostic, a Michigan farmer and incoming NCGA first vice president.

This initiative follows other NCGA actions, including a recent letter to USDA officials highlighting financial challenges facing growers and previous efforts opposing fertilizer tariffs that contributed to record-high costs.

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