Farmer Sentiment Down 30 Percent Since November 2020
Volatilty in commodity markets combined with historic increases in crop input prices are leading farmers and ranchers down a road of growing pessimism.
Volatilty in commodity markets combined with historic increases in crop input prices are leading farmers and ranchers down a road of growing pessimism.
If history repeats itself, then agriculture knows what lies ahead. The question is now, what will the industry do.
Economic and financial conditions in U.S. agriculture continued to strengthen in the first quarter alongside ongoing increases in the prices of major row crops.
As commodity prices began to rally in 2020, it coincided with a rapid deflation in the U.S. Dollar, providing a major boost in exports