OMAHA, Neb. (RFD-TV) — The Rural Mainstreet Index has slipped below growth-neutral once again, marking its eighth decline this year and falling to the lowest level since May 2020. Creighton University economist Dr. Ernie Goss joined us on Monday’s Market Day Report to break down the latest data.
According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential. However, farm loan volumes remain tight, and farmland prices continue to face pressure in many regions.
In his interview with RFD-TV news, Dr. Goss says several factors are driving the decline, including weaker commodity prices, slower farm income, and ongoing uncertainty around trade and interest rates. He noted that key indicators for the ag economy heading into next year will be credit conditions, global trade developments, and overall farm profitability.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
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Weston Brown joined us on Monday in the RFD-TV Studios in Nashville to share how he is preparing for the upcoming National FFA Convention & Expo.
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Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
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RFD-TV Farm Legal and Taxation expert, Roger McEowen, with the Washburn School of Law, joined us Monday to break down the changes and explain what producers should know.
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North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
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