Farmers Need Guidance To Weather Input Cost Volatility

Perhaps one of the most difficult tasks facing farmers this fall isn’t just planning for next year’s crop, but also trying to budget it amid high inflation, uncertain inventory levels, and lingering issues along the supply chain.  Ben Brown, senior research associate at the University of Missouri’s Food and Agricultural Policy Research Institute…

Brown says several factors could contribute to the squeeze next year.

University of Missouri senior research associate Ben Brown suggests farmers consider adding margin protection to their crop insurance, while creating a grain marketing plan to provide some price protection.