Survey: farmers concerned about Russia-Ukraine impact on input prices

Farmers are concerned about the impact of the Russia-Ukraine war on input prices, according to the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert, director of the Purdue Center for Commercial Agriculture, says farmers were asked how the war will impact U.S. agriculture.  

“Sixty-three percent of the people in the survey said input prices would be the top factor that’s affected in terms of U.S. agriculture, followed by crop prices, a third of the people in the survey chose that, and livestock prices, only three percent chose that,” he says.

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