Items Tagged with 'input prices'

A measurement of the sentiment in farm country dropped for the second straight month as concerns about slipping prices emerge among the already-potent worries about the input costs producers will face in 2023.

A new survey of producers shows worries about the nation’s financial policy are swelling as growers look to make plans for the 2023 growing season and strategize for the broader future of their operations.

A program to boost domestic fertilizer production capacity announced earlier this year will be open for business soon.

Farmers’ outlook improved last month despite linger concerns about high input prices and prospects for weaker prices in 2023, according to the monthly Purdue-CME Group Ag Economy Barometer.

The nation’s producers are feeling a little better about the state of farm finances but are still a little worried about the prices they’ll receive for their commodities, and those they will have to pay for important inputs in the next year.

Higher prices for animal fats and vegetable oils are helping drive what is expected to be a record global food import bill this year, forcing consumers to spend more and get less to eat, the UN’s Food and Agriculture Organization said Thursday.

Farmers and ranchers are increasingly worried about supplies of key inputs for the upcoming growing season, lowering a measure of producer sentiment to the lowest point since the early days of the COVID-19 pandemic.

Farmers' outlook improved modestly last month ahead of the Russian invasion of Ukraine, but growers remain worried about soaring input costs, according to a monthly survey.

Producers offered an optimistic opinion for their current economic expectations while painting a more cautious picture of their future standing in a monthly report out Tuesday.

The Department of Agriculture is projecting a farm income boost for 2021, but growers are looking ahead to 2022 and worried about the role rising input costs will play in their bottom lines.