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- High Costs, Uncertain Direction: Planning for 2027 Inputs
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FARM AND RANCH MANAGERS heading into 2027 face a familiar problem with an added complication. Fertilizer, fuel, machinery, financing, labor, and other production inputs are expensive. At the same time, no one knows with certainty what many of those inputs will cost when they are actually needed. As of its September 3 forecast, USDA estimates total U.S. farm production expenses at $492.8 billion for 2026, up 4.5 percent from 2025. Fertilizer, lime, and soil conditioner expenses are forecast up 15.3 percent, while fuel and oil expenses are up 28.8 percent …
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