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Price jumps for fuel, seed, chemicals, land challenge agriculture.

Publication: Mississippi Business Journal
Publication Date: 28-APR-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Price jumps for fuel, seed, chemicals, land challenge agriculture.(Agribusiness & Timber)

Article Excerpt
Forget weather conditions such as drought or flooding, or even the failure of Congress to produce a new farm bill. Some ag experts say the number one concern in agriculture these days is inflation.

"The land rent has gone up tremendously in the past year," said Abbott Myers, chairman of the board of the Land Bank of North Mississippi and a full-time farmer in Tunica County. "Chemical costs have gone up. Seed has gone up tremendously. It is hard to believe a pallet of seed can cost $20,000....

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