- Farming costs will remain volatile for the foreseeable future, and that means there won’t be a break from high grocery prices, according to Ben Brown of the University of Missouri’s Food and Agriculture Policy Research Institute.
- Brown said a major factor driving these high costs is the price of energy, which makes farming more expensive.
- “This isn’t a message I like talking about,” said Senior Research Associate Ben Brown in an interview with The Center Square. “Most likely, the path forward is going to be a period of high prices and low or relatively low economic growth. It’s the same thing we had in the 1970s. It’s going to cause economic pain, there’s no doubt about it. And it tends to last long.”
