The senior vice president of IHS Markit says supply chain disruptions will likely continue in 2022.
Ken Eriksen says farmers should be prepared for product shortages and increasing input costs.
“The farmers are still going to be planting some big acreage this year and are going to need these inputs,” he says. “You better be prepared and have some alternative sources or buy ahead and the other side of this is people have been buying more products up front and building inventory and that exacerbates the problem too.”
Speaking to Brownfield at the Indiana Ag Policy Forum, he said farmers have options.