U.S. food prices insulated from warfare in Ukraine, says Vilsack

The Russian invasion of Ukraine will have, at most, a muted effect on U.S. food prices, said Agriculture Secretary Tom Vilsack on Thursday. “We have tremendous (domestic) production capacity,” he told reporters attending the USDA’s annual Agricultural Outlook Forum. The Agriculture Department said that farm income would be far above average this year, with mammoth… » Read More

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