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Agriculture and animal husbandry, costs soar in the first quarter of 2022


After a growth in 2021 (+ 6%), the production costs of the agricultural sector in the first three months of 2022 mark a further significant increase (+ 18%) compared to the same period last year, reports Ismea, the Italian Institute of Services for the Agricultural Food Market, which is monitoring the impact of inflationary pressures on the Italian agricultural system. The inflationary process - emphasizes the Institute - has affected above all the vegetable crops sector, which is particularly sensitive to changes in wages, energy, fertilizers and seeds. According to the Ismea’s report, in first quarter of 2022 the costs incurred by farmers and farms have increased by 20.4% compared to 2021. Also the livestock sector has been hit by the steep price increase (+16%) although slightly more contained compared to the one of the vegetable crops sector. Animal husbandry - states the Ismea - is to be considered a “special observation” since the increases in sales prices are unable to compensate for increasingly higher production costs.

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