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.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New data from the Illinois Farm Bureau show that farm financial conditions are stabilizing, even as debt per acre and borrowing costs continue to climb.
National Pork Producers Council President Rob Brenneman joins us to discuss Prop 12 provisions in the House’s Farm Bill as it heads to the Senate for debate.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
Farm Bureau economist Dr. Faith Parum says EPA’s final biofuel volumes keep corn demand steady and strengthen the outlook for soybean-based diesel feedstocks.
Jonathan Braley joins us to discuss rising cybersecurity threats in agriculture, the risks of ransomware attacks, and how Food and Ag-ISAC’s new guide can help businesses better protect themselves.