Economist: Russian ban on imports may backfire

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 on many stories to allow for constructive discussion. In order to comment, you acknowledge you have read and agreed to our Terms and Conditions. Anyone violating these terms, including the use of vulgar language or racial slurs, will be banned. Please be respectful of the opinion of others. If you see an inappropriate comment, flag it so our moderators can review.

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