No doubt about it; the trade war and pandemic have been costly events for farmers. For some, financial intervention was a critical lifeline.
However, commodities are now well-above the five year average, creating more cushion than farmers have seen in a long time.
Rising crop prices, healthy demand, inflationary pressures and localized supply chain constraints are contributing to incremental increases in input costs for things like seed, fertilizer and chemicals.
Crop prices are now well-above a five year average, creating more financial cushion for farmers.
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