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.
The latest trustees’ report warns the retirement trust fund could fall short beginning in 2032.
Superior Livestock Auction’s Roger Janes says strong buyer interest and higher price points at the Corn Belt Classic show continued cattle market optimism.
Farm CPA Paul Neiffer clarifies how Adjusted Gross Income is defined for farmers and outlines key tax considerations under the 75% farm-income exception.
RealAg Radio host Shaun Haney joins us to discuss the USMCA review process and the current dynamics shaping North American agricultural trade relations.
Dr. Faith Parum discusses USDA’s Cost and Returns Report, farm input trends, fertilizer market volatility, and the potential impact of global energy stability on agriculture.
AEM’s Curt Blades joins us to talk about declining tractor and combine sales, farm economy conditions, and the outlook for the ag machinery market.
