Rising Input Costs Hit Small Farmers, Signal More Food Price Inflation Ahead

Rising Input Costs Hit Small Farmers, Signal More Food Price Inflation Ahead
People walk through the dairy cattle barn at the Iowa State Fair in Des Moines, Iowa, on Aug. 20, 2021. Scott Olson/Getty Images
Rachel Hartman
Updated:
Fertilizer prices have risen during the past year, with several retail price tags going up by more than 100 percent, according to DTN, a Minnesota-based company that provides real-time weather, agricultural, energy, and commodity market information.
More than half of America’s large farmers are anticipating prices for inputs such as fertilizer and fuel to go up by more than 12 percent in 2022, according to a Purdue University poll.
Rachel Hartman
Rachel Hartman
Business Reporter
Rachel Hartman is a freelance writer with a background in business and finance. Her work has appeared in national and international publications for more than 10 years. She resides in Miami and travels frequently.
Related Topics