"U.S. farmers and ranchers continue to take a consistently conservative position when anticipating future performance, irrespective of the recent market volatility," said John Ryan, president and CEO for Rabo AgriFinance.
Higher input costs continue to be the most frequently mentioned economic challenge facing U.S. farmers. Three in five farmers rank it the primary factor that has contributed to their economic challenges. Additionally there is an increasing concern regarding reduced demand (55%) and weather conditions (57%). Nearly all surveyed (94%) are concerned about price fluctuations.