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.
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
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Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
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All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
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American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
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According to the National Council of Farmers Cooperatives (NCFC), President and CEO Chuck Conner says, there is only one other option besides addressing ag labor shortages.
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Katelyn joined us on Wednesday’s Market Day Report to discuss her upcoming episode of Dirt Diaries: The FarmHER + RanchHER Podcast and share her ag journey.
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