Inflation 101 from Professor Klieger

The Grower & The Economist

This week’s podcast episode dives deep into inflation, rising input costs, and the economic relationships we can use to prepare for challenges in the upcoming growing season. One of the major drivers we are seeing in this cycle is that there are fewer goods available across industries. Take a look back with us at the patterns of the Great Depression to Great Recession to the financial crisis and pandemics. We can predict challenges in export commodities with the rising value of the dollar and competition in import commodities. Learn from two small farmers Michelle visited this week who are still using this economic shift to experiment with crops and management practices. “It’s our game to lose” is referenced from a previous podcast guest, Dr. Bridget Behe.