Despite the tailwinds driven by higher commodity prices, external macro trends are increasing uncertainty in profitability.
A.
Q: What do you believe are the top three opportunities to your profits over the next 2 years? Rank top 3 (n = 1,354)
Top opportunities
B.
Q: What do you believe are the top three risks to your profits over the next 2 years? Rank top 3 (n = 1,354)
Top risks
Improved crop prices
Improved yields
Favorable demand from other countries
Increased price of inputs
Increased overhead and processing costs¹
Supply chain disruptions and unavailable inputs
Includes labor, transportation, and energy costs.
Source: McKinsey US Farmer Insights 2022–23 (n = 1,354)
¹