Transcripts for CNN The Lead With Jake Tapper 20211124 21:28

CNN The Lead With Jake Tapper November 24, 2021 21:28:00

is up 5%, american farm bureau say it may be as much as 14%. price hikes from most products from potatoes to turkeys which are nearing a record high. despite those markups, many farmers say the price they receive for their crop isn't going up. >> my price is staying the same. or a little lower. >> reporter: why don't farmers just raise the price of their crops? >> they are price takers, not price makers. >> reporter: president of the national farmers union -- who is making money from that inf inflation. >> the middle man. >> reporter: in many cases processors and distribute tors who get food from the farm to store shelves are passing along their surging costs. with materials still stuck on cargo ships and a shortage of labor driving up wages and costs. >> and we're also trying to pay for the uncertainty in the market place. >> reporter: and an agricultural economist at michigan state

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