By Shawn Williamson
Successful Farming
I watched a webinar recently presented by three University of Illinois ag professors via the Farmdoc website. The point of the webinar was to give producers an update on how the Russian-Ukrainian conflict may impact commodity prices and crop insurance decisions before the March 15 crop insurance deadline.
Farmers who were participating in the webinar were concerned about many things including rapid inflation, supply chain disruptions, recession in the United States, and the Russian invasion turning into a wider conflict. In fact, over 90% of the webinar participants polled felt that inflation was a major concern.