Senate Ag Committee Ranking Member John Boozman tells Brownfield the U.S. needs to work with allies to punish Russia for its attack on Ukraine and agriculture is likely to take some hits.
He expects possible sanctions on Russian oil to have a ripple effect across the globe.
“This could very well make oil prices remain at a very high rate which affects fertilizers, it affects the input costs of the farmer so much throughout the world, and that could also lead to higher food costs,” he says.
