Rural towns across the U.S. have seen sluggish economies over the last year, with plenty of ups and downs.
Fed Chair Jerome Powell acknowledged a decline in sentiment but assures everyone the economy is on the right track.
“The economy seems to be healthy. We understand that sentiment is quite negative at this time, and that probably has to do with turmoil at the beginning of an Administration that’s making big changes in areas of policy. That’s probably part of it. I do think the underlying unhappiness people have about the economy, though, is more of the price level.”
This week, Powell announced interest rates would be holding steady for now. Inflation reports earlier this month showed promising news. Both measures of inflation came in below analyst expectations, and despite those signs, inputs are expected to remain elevated this year.
As cattle producers continue to navigate labor constraints and rising production demands, innovation in handling systems will remain a key driver of the industry’s long-term efficiency and safety goals.
Suzanne Fanning with Dairy Farmers of Wisconsin joined us to discuss the “Born to Dairy” campaign, dairy promotion efforts in Wisconsin, and the economic role of the state’s dairy industry during National Dairy Month.
Laura Priest with the Center for Rural Affairs joins us to discuss solar development trends and opportunities for agriculture and renewable energy production to coexist.
Kansas farmer and friend of RFD-TV John Jenkinson joins us to discuss wheat crop conditions, regional variability, producer financial concerns, and the outlook for the growing season across Kansas.
The Pennsylvania Dairymen’s Association joins us to share their “Milkshakes on the Moo-ve” campaign and statewide dairy outreach during National Dairy Month.
South Texas ranchers and vets warn that labor pressures will make monitoring for New World screwworm difficult across large cattle operations.
