Farms.com Home   News

PESSIMISM THROWS A WET BLANKET ON WHAT SHOULD BE FOOD HEROES

Producers and the public don’t always agree. But lately, they’re united in their struggle beneath the weight of a heavy, wet blanket of pessimism, leaving them uninspired and lacking hope as the New Year unfolds.

Consider how things have changed since a promising spring and summer. Back then, supply chains were starting to recover, trade and travel had resumed and optimism was in the air. On the farm, record yields were forecast for some commodities. Equipment sales were strong. Farm visits returned and farmers’ markets thrived. 

Producers had come out of the pandemic as heroes, feeding the world with grace and cool heads.

But it’s a different story today. Adverse weather, labour shortages, inflation and of course the Omicron variant have taken a toll on confidence and optimism, on and off the farm. 

For example, in December, a Gallup poll showed that although financial markets were holding steady, Americans feared a stormy horizon. The Gallup Investor Optimism Index, which checked in +39 in the summer, fell to +10 as the year end loomed.

Click here to see more...

Trending Video

Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.