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US farmers facing slumping incomes and depressed grain prices are switching to cheaper generic pesticides and fungicides ahead of spring planting. Market analysts say this could hurt the profits of major agrichemical manufacturers.
Lower farm input spending reflects weak grain margins and shifts crop-protection demand, with limited direct effect on feed grain prices.
reuters.comP.J. HuffstutterNov 14, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
