Last year’s lingering crop input costs should remain this year
A new year often means new beginnings, but ag economists warn those high input costs we saw last year could still stick around.
Researchers at Iowa State University say input costs will be comparable to last year, but price increases should be less intense. They say as we work into the year, we will not see a surge in input prices, but a slow rise in inputs as the year goes along.
Experts say with agriculture being a competitive industry, price increases are inevitable when production costs begin to rise.