FORT SMITH, Ark.-(4029tv.com)--Regional crops are pulling in top dollar, but some farmers say they are not necessarily seeing higher profits.
Wheat, soybeans and corn are doing particularity well, but despite the record bushel prices, some farmers say their input costs have drastically increased, too.
Arkansas farmer Allen Hales has spent his life farming, and over the past 30 years has experienced the ups and downs of the market.
"Costs are up. Diesel fuel is up. All of our chemicals are," Hales said.
Rolling the contracts forward has many farmers reaping the old bushel prices.
"We're actually netting about $3.30 a bushel. We're actually losing money," Hales said.
Agricultural experts say recent weather in the region has overall made the crop outlooks better than expected, especially when it comes to corn. Hales agrees.
"Corn's a better crop. Corn right now today is going for almost $8. The boys who have corn -- it looks like they're going to have a good year," Hales said.
Hales still has about 300 acres of wheat to collect, and he said he will probably finish that up by Friday. He then plans to put in soy beans in hopes of increasing his net profit for the season.
Agricultural experts said the flooding in the Midwest has also driven up prices because many barges have not been able to travel the Mississippi River.
