INTRODUCTION
This special summer supplement to the Index of Prices Paid is being generated because of the disruptions that geopolitical forces, lingering variants of COVID, and trade instability continue to cause in the green industry supply chain, accelerating the pace of inflationary pressure on green industry inputs.
This information should prove useful as growers are in the midst of negotiating with suppliers for next year’s inputs and simultaneously attempting to set next year’s plant prices. Please note that all line items in the index have been updated, particularly those whose costs have continued to rise significantly since the beginning of the year when the original index report was generated. While forecasts by their nature are moving targets, I hope this initial guidance looking ahead to 2023 can provide insight to guide your decision making.
