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Plan For a Steady Increase in Input Prices

21:45PM Sep 18, 2018

Fuel Tank( AgWeb )

Expect farm input prices to annually increase by 1.7% for the next decade, per the 2018 U.S. Baseline Outlook from the Food and Agricultural Policy Research Institute at the University of Missouri.

Lower fuel and fertilizer prices reduced the index of input prices in 2015 and 2016. Going forward, higher fuel prices will drive the annual uptick.

Input Prices

Source: Food and Agricultural Policy Research Institute

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