Despite Rising Income, Farmer Sentiment Weakens in October
Rising inflation is producing positive income for farmers this year, but when it comes to sentiment, it was more negative during October.
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Rising inflation is producing positive income for farmers this year, but when it comes to sentiment, it was more negative during October.
The conflict in Ukraine continues to put supply constraints on the global food crisis, forcing prices of wheat and corn to rise.
In essence, the push of inflation is countered by an even stronger pull of rising commodity prices.
European pension funds have been particularly aggressive. That's especially the case given their bets on commodities this year.
China plays a vital role in the prices of soybeans as one of its largest importers compared to other countries around the globe.