Economic Tidbits

What’s a Farmer or Rancher to Do About High Input Costs?

Fertilizer prices have more than doubled since last year. Chemical, fuel, and labor costs are higher. Feed costs have surged. One of the bigger challenges this year for crop and livestock producers will be managing for higher costs. Nebraska Farm Bureau’s Inside Profitability Series on Feb. 16, 2022, at noon CDT, will focus on managing the farm or ranch in a high-cost and volatile environment. The webinar will feature extension educators from the University of Nebraska, Jessica Groskopf, extension educator for Agricultural Economics, and Glennis McClure, extension education for Farm and Ranch Management at the University of Nebraska, who will share management tips and strategies for navigating the higher costs this year. Register at: https://us02web.zoom.us/webinar/register/WN_VqbQQGGUTPmy5JobYCXV0w.

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