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Balanced Reporting. Trusted Insights.
Tuesday, March 28, 2023
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.
For the second month in a row, agricultural producer sentiment experienced a big decline, erasing all gains recorded following the November 2016 election and indicating weaker expectations for the future.