Popis: |
Global economic and market conditions continue to challenge U.S. crop and livestock farming. Inflation, extreme weather events, supply chain disruptions, high input costs, and Russia's war against Ukraine have pushed commodity prices above historic trends. The situation in Ukraine has affected wheat and corn markets in particular. These conditions set the stage for the long-term outlook for U.S. and global supply, demand, and trade for major field crops (corn, soybeans, wheat, and upland cotton) and major meats (beef, pork, poultry), key commodities for gauging the performance of the U.S. farm sector. |