Farm Equipment
Ag Equipment Data Points©
www.farm-equipment.com/articles/21088-cumulative-price-change-in-farm-production-expenses-since-2013

Cumulative Price Change in Farm Production Expenses Since 2013

January 30, 2023
03_04_2022_Cumulative_Price_Increases-700.jpg

Since 2013, farmers have seen nearly all production expenses increase. The largest increase at 59% is in marketing, storage and transportation expenses. Overall, the intermediate expense category, which includes the majority of the farm production inputs, has increased 18% since 2013. Source: USDA IRS Farm Income and Wealth

Click to enlarge