The agriculture industry is trying to navigate rising input costs. “The potato industry had problems in 2020 and 2021,” says Stephen Nicholson, senior grain and oilseed analyst, Rabobank. “We have to be thinking about how to mitigate those damages.” Nicholson says it’s normal for farmers to think about their revenue, but understanding cost of production is important, too. “We saw the rise in input costs coming and tried to encourage farmers to look ahead and lock in a profit, if possible. Potatoes are tricky.” Grafton, North Dakota-based Campbell Farms owner Tom Campbell says rising input costs are a challenge, but the markets are positive. “The fresh red and yellow potato markets are nice, but we suffered a reduction in crop, due to the drought. We hope to offset that enough to be ok. It takes a lot of quantity to offset costs.” Hear the story.