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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API said it stands ready to work with Congress to develop a balanced approach to E15 legislation that promotes fuel choice, supports investment certainty, and contributes to a stable and fair marketplace for American consumers.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.