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.
Industry leaders gather in Mexico City to strengthen trade and showcase product quality.
USDA Chief Economist Justin Benavidez says the cattle industry may be nearing a turning point that could gradually reshape supply, prices, and profitability in the years ahead.
Accessing land is one of the biggest challenges facing the next generation of farmers and ranchers.
HTS Commodities broker Lewis Williamson joins us to break down the latest USDA Crop Progress Report and how weather and global supply chain issues could influence planting conditions moving forward.
Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
The USDA’s annual report leaves dairy producers with a mixed picture. Output and herd size expanded, but weaker prices kept income from rising with production.
