If farmers are able to pass on most of their cost increases to the market and some farmers close shop during the season, prices for output will likely rise. Al

If farmers are able to pass on most of their cost increases to the market and some farmers close shop during the season, prices for output will likely rise. Also, having secured fixed-interest debt during low interest times is advantageous to pay back during higher inflation times. I wouldn’t be so sure that big operators will automatically struggle. Maybe more than another operator with zero debt, but my understanding is that farmers very commonly use loans for normal operations.