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Farmers can expect a challenging marketing environment for agricultural crops grown in 2023 as the global economy faces recessionary challenges, according to a Texas A&M AgriLife Extension Service grains marketing economist.“The economic challenges around the world are severe,” said Mark Welch, Ph.D., AgriLife Extension grain marketing economist, told attendees at the Texas Plant Protection Association conference.Farmers looking to market their crops will have do so carefully amidst several challenging economic factors.“Interest rates, inflation are all important factors,” he said. “The Federal Reserve has gotten aggressive (with interest rate hikes). Moving from near zero at the beginning of the year to ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177