Agriculture Roundup for Tuesday May 24, 2022
MELFORT, Sask. — Experts say this year’s crop could be the most expensive in history.
Canadian farmers are dealing with fertilizer costs that have more than doubled from last year, while diesel and gasoline are soaring, as are the prices of seed, equipment and herbicides.
Inflation, the war in Ukraine and pandemic-related supply chain challenges are some of the reasons behind the spiking costs.
Global prices for crops like wheat, barley and canola are also skyrocketing.