FAPRI forecasts falling prices for producers
Todays Farmer Magazine
APRIL 28, 2023
Higher fertilizer, fuel and feed costs contributed to a sharp increase in farm production expenses in 2022. Cattle, hog, poultry and milk prices all increased in 2022. Crop insurance accounts for 45% of projected spending on major farm-related programs over the next decade. Consumer food price inflation jumped to 9.9%
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