By Tyne Morgan, AgWeb.com
The input price scenario for 2022 is growing more complicated and scary by the week. Farmers are already preparing for added costs to grow a crop next year, but even today's prices may be an accurate snapshot for 2022 potential budgets. That's because input prices continue to climb by the day.
From nitrogen to glyphosate, prices are posting 100% to 300% increases right now. Some farmers say they can't even get retailers to price product until the inputs actually arrive at the retail facilities.
One retail location in Missouri told Farm Journal glyphosate prices are up 100% this year, going from $19 per gallon to $38 per gallon. And glufosinate is showing a 50% increase, now at $70 per gallon compared to $45 last year.
However, in northeast Iowa, glyphosate prices have shot up 294%. What cost the farmer $17 per gallon last year, is now showing a price tag of $50 per gallon.
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