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The Wall Street Publication > Blog > Business > Farmers Feel the Squeeze of Inflation
Business

Farmers Feel the Squeeze of Inflation

Editorial Board Published February 15, 2022
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Farmers Feel the Squeeze of Inflation
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Inflation is growing on the farm.

American farmers are paying significantly higher prices for their weed-killing chemicals, crop seeds, fertilizer, equipment repairs and seasonal labor, eroding some of 2021’s windfall from rising crop prices. Higher farm costs could help push up grocery bills further in 2022, analysts say, following a year in which global food prices rose to decade highs.

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Next Article The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession? The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession?

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