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Live Updates  >  Live Update Details

2026-05-30 03:02:18

According to statistics released by the U.S. Department of Agriculture, in April 2024, the prices of agricultural inputs in the United States rose by 9.8% year-on-year, while the selling prices of agricultural products produced by farmers fell by 1.8% year-on-year. This situation of rising input costs and declining output prices will further compress the profit margins of U.S. agricultural practitioners and may have a corresponding impact on farmers' subsequent planting and breeding decisions.

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