Ag Economic Insights Reviews 2021 Major Trends

According to Ag Economic Insights 2021 has been one of the best years in quite some time. However, that doesn’t mean there were no ups and downs or new and different challenges and opportunities. AEI said while the growing season turned out well for many, it sets the stage for much higher prices for everything from farm inputs to equipment to land rents and values. On the input side, everything from fuel to equipment to labor all started increasing dramatically. Fertilizer prices took off at the fastest rate.

Contributing factors include supply chain worries, inflationary concerns in the broader economy, high energy prices, and the prospect of very strong farmer demand. Bakers in the U.S. want the EPA to help by rolling back biodiesel mandates.

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