Assessing effects of international conflict on U.S. ag markets
International conflicts, like the war in Ukraine, can greatly affect agricultural markets in the United States. To help producers better plan for these impacts, economists at Kansas State University began a monthly series of webinars to provide real-time analysis and education.
Market impacts included grain and livestock fluctuations, interest rate hikes, fuel and fertilizer cost increases and availability as well as changes in land prices and rental rates. Producers, lenders and crop insurance agents joined in to better understand the market effects and how to help clients navigate these changes.
Timely education efforts by land-grant institutions are a valuable resource for both those who produce our food supply and those who rely on it. More than 600 individuals attended the live events and there were more than 2,500 views of the webinar recordings. Participants came from 42 states plus Washington D.C. and 44 other countries.
Project supported by Smith-Lever funds.
