Inflation & Prices

Cost of Growing Food in US Is Set to Rise by Most Ever in 2022

Prices for everything from fertilizer to animal feed to labor are skyrocketing.

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The cost to grow food is soaring according to a new US report, a sign that inflation and its worst effects, such as hunger, aren’t over.

Everything that farmers use to cultivate crops from fertilizer to feed and labor are skyrocketing in price. Production costs are estimated to rise by $66.2 billion or 18% in 2022, the most ever, according to the US Department of Agriculture.