A Minnesota farmer coming off one of his best years is very concerned about 2022.
Mike Peterson farms about 1,000 acres of corn and soybeans south of the Twin Cities.
“We had a wonderful year (last year), we were blessed with small rains that came just in time. So we’re coming off one of our best years probably since 2012, but we’re going into input costs that are…it’s just hard to get your head around it.”
He anticipates spending at a minimum around 40 percent more on this year’s crop.