Monday, October 31, 2022
How inflation and economic policy impact the work of US farmers
Farming in America has never been so expensive. Soaring energy costs also mean that farmers are losing money hand over fist running tractors and sprayers. Pricier agricultural inputs like fertilizers and chemicals are putting the squeeze on their margins too.Months ahead of the US midterm elections, President Joe Biden signed the Inflation Reduction Act into law - part of which was aimed at helping farmers weather the current economic crisis and build resiliency into the climate change-sensitive sector.
Labels:
America,
DW News,
economic policy,
farmers,
inflation
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