Statewide Iowa — Iowa Farm Bureau economist, Sam Funk, doesn’t expect all the logistics and other issues to be sorted out and bring food prices down as we move into a new year.
Fertilizer prices have been rising and he says the cost of all other inputs used by farmers are unlikely to drop.
He says demand certainly won’t drop.
Higher energy prices also figure into the equation.
He says those issues will go along with the logistical problems the country is facing in getting the inputs in and the products out.