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.
Based on USDA data compiled by the U.S. Meat Export Federation, pork exports increased by six percent in March compared to the previous year, while beef exports weakened overall.
Genevieve Collins from Americans for Prosperity discusses rising Texas property taxes, potential relief, and impacts on farmers, ranchers, and rural communities.
Autumn Lankford Higgins with the Farm Bureau joins us to discuss data center expansion on farmland, rural policy considerations, and the role of agriculture in emerging digital infrastructure.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New data from the Illinois Farm Bureau show that farm financial conditions are stabilizing, even as debt per acre and borrowing costs continue to climb.
National Pork Producers Council President Rob Brenneman joins us to discuss Prop 12 provisions in the House’s Farm Bill as it heads to the Senate for debate.
