Supply Chain Problems, Higher Input Costs Pose Challenge for 2022
Supply chain problems and higher input costs are going to continue into 2022. Record fertilizer prices, high fuel prices, and tight supplies of chemicals like glyphosate are just a preview of what producers can expect, but a new report suggests positive margins are still possible. Nebraska Farm Bureau’s Senior Economist Jay Rempe says understanding this riskier environment, the impacts of higher costs, and the opportunities for protection is important when making decisions for next year.