Economist: Russian ban on imports may backfire

FILE - This undated file photo shows an Indiana corn crop. (WLFI File Photo)
FILE - This undated file photo shows an Indiana corn crop. (WLFI File Photo)

WEST LAFAYETTE, Ind. (WLFI) – A Purdue economist thinks the Russian ban might actually backfire.

Chris Hurt said the biggest impact will be on the chicken industry. Hurt said seven percent of U.S. chicken is exported to Russia. He said one percent of pork is sent to Russia and a small amount of soybeans.

Hurt said the move will have little impact on the U.S. economy, but a big impact on Russian consumers.

“About 40 percent of the food that they consume in Russia comes from other countries, particularly Europe. I think the impact is going to be detrimental in Russia,” Hurt said.

Hurt said under the sanctions against Russia, the country can no longer export wheat and corn. He said countries may now look to the U.S. for those goods, helping our economy. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, off topic, or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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