> overall operating expenses remain well above pre-2021 levels. Rising costs since 2020 have been driven primarily by sharp increases in interest expenses (+71%), fertilizer (+37%), fuel and oil (+32%), labor (+47%), chemicals (+25%) and maintenance (+27%), alongside notable gains in seed (+18%) and marketing costs (+18%)

These numbers are huge though. I think it is fair to say that this time it may be different.

Looks like inflation to me - we all pay the same interest and everything else has been going up.