Many crop farmers are concerned about escalating costs.
Bob Worth grows corn and soybeans near Lake Benton in southwest Minnesota.
“I’m scared. I mean when you start looking at your input costs (and) what they’re going to be (compared to) 2021, our fertilizer costs are well over $100 an acre higher on corn and about twice as high when we fertilize soybeans.”
He says seed costs are surprisingly stable, but the price of fuel and certain chemicals has more than doubled.