2024 held a lot of uncertainty, and this year may not be much different. CoBank economists say the rural economy is in trouble, and the future is still unknown.
They say rural industries are often more exposed to federal policy than other industries. They also point to the November election and say there are a lot of variables with the incoming Administration.
CoBank’s Knowledge Exchange says 2025 is not yet fully defined, but says they are focused on export markets and labor, as they could be major players as the year pushes on.
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The Fertilizer Research Act, reintroduced by Sens. Grassley, Ernst, and Baldwin, would direct the USDA to study and publish public reports on competition and pricing trends in the fertilizer market.
U.S. aquaculture may gain competitive ground as harmful subsidies are phased out abroad, but producers should monitor shifts in import supply chains and trade enforcement closely.
Producers may need to prepare for margin pressure in livestock feeding, while dairy farmers could benefit from stronger product demand.
U.S. Secretary of Agriculture Brooke L. Rollins today issued a new memorandum to modernize and strengthen America’s wildfire prevention and response system.
National Sorghum Producers CEO Tim Lust said farmers face a challenging year with strong supply, murky trade conditions, and uncertain access to their largest market: China.
