The latest Rural Mainstreet Index shows a dire situation unfolding. It fell below growth neutral for the 17th time in 18 months, and Creighton University economists say trade is the leading factor.
A global economic slowdown certainly is not helping out there, and certainly an supply over, I would argue, an oversupply from some of our competitors, such as Brazil and Argentina, pushing, pushing down, prices are holding, holding them down. I should say prices have improved a bit over the last month or two, but still not in a territory that makes the farmer feel good about what that farmer is making,” said Dr. Ernie Goss.
Dr. Goss says other countries are paying attention to our recent tariff action and adds any potential retaliation is likely to hurt U.S. farmers.
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Having a good read on fuel prices is a must during harvest, but one analyst says grain farmers should also be watching the crude oil markets.
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National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
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The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
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Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
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Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
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