Energy and input costs have increased exponentially this past year. Agricultural Economical Insights Partner Brent Gloy says the energy market has been a driving factor behind other costs. “It appears like the fertilizer situation has stabilized a bit, but a big part of increasing costs were driven by the energy market,” said Gloy, while addressing the South Dakota Governor’s Summit. “Input costs are likely to increase in the next year unless that energy market stabilizes.”
