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Resource prices rise faster than agricultural prices

Between 2021-25, prices of inputs (agrochemicals, seeds, fuel, etc.) rose by more than 41% on average in the U.S., Europe and many other parts of the world, while prices of basic agricultural products (wheat, corn, etc.) rose by only 25-35% on average, according to Logos Press.
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Resource prices rise faster than agricultural prices

According to the analysis published by the Association of Grain Exporters “Agrocereale”, the most favorable ratio of prices for inputs and agricultural products was back in 2011. In the period 2014-2020, the difference between the dynamics of prices for “inputs” and “outputs” in global agriculture began to increase markedly not in favor of farm incomes.

The problem became particularly acute in 2023-2024, when yields of major crops fell sharply in price – by more than 13% – while input prices remained almost unchanged (down less than 2%). In 2025, despite the outlined slight “strengthening of prices” for agricultural products, the problem of “price scissors” remains very relevant.

Prices for agricultural products compared to prices for raw materials


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