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 USDA says the framework is about “ending abusive government overreach” and “protecting farmers, families, and private property.”
Farm numbers still favor small operations, but production, resilience, and risk management are increasingly concentrated among fewer, larger farms.
The USDA opened a new sterile fly-dispersal facility at Moore Air Base in South Texas to prevent a potential outbreak of New World screwworm and protect the small U.S. cattle herd.
