Ag Barometer
Ag poll: War in Ukraine means higher U.S. farm costs
The largest U.S. farmers and ranchers say the Russian invasion of Ukraine, with its disruption of grain, oil and fertilizer shipping, will drive up their costs of production, according to a Purdue University poll released on Tuesday. The Ag Economy Barometer also showed big operators are tempering somewhat their expectations of soaring input prices.
Farmers growing skeptical of victory in Sino-U.S. trade war
American farmers were dogged supporters of President Trump's trade war with China, accepting as "patriot farmers" the pain of retaliatory tariffs in the belief Beijing would be forced to alter its trade practices. But they are becoming skeptical of victory: Only half of them believe the trade war will be resolved to their benefit and even fewer believe China will meet its "phase one" commitments negotiated with the Trump administration.