Decreasing commodity prices combined with inflated input costs, steady but higher interest rates, geopolitical and transportation uncertainties, and weather unpredictability will put the squeeze on margins for the nation’s farmers in 2024, U.S. Department of Agriculture (USDA) Chief Economist Seth Meyer said last week.

Providing an ag economic and trade outlook at the 100th-annual Agricultural Outlook Forum Feb. 15 in Arlington, Virginia, Meyer...