OMAHA, Neb. (RFD News) — Weak grain prices continue creating financial pressure across agriculture as the latest Rural Mainstreet Index remained below growth neutral for the fourth straight month.
Creighton University economist Dr. Ernie Goss joined us on Friday’s Market Day Report to discuss the newest numbers and what they could mean for the rural economy moving forward.
In his conversation with RFD News, Goss discussed how weak commodity prices continue impacting farmer cash flow and broader economic conditions across rural communities.
The discussion also focused on expectations from bank CEOs regarding economic growth and how current conditions are affecting farm equipment sales.
Goss additionally discussed the region’s farm and ranchland price index, which expanded after falling for three consecutive months.
ASFMRA’s Skye Root joins us to discuss shifts in Western farmland markets, financial pressures facing producers, and the outside forces influencing land values and decision-making.
CME Group’s Fred Seamon joins us to break down the drop in farmer sentiment, discuss the role of input costs and global factors, and share his outlook for the ag economy ahead.
Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.
On Tuesday’s Cow Guy Close, host Scott Shellady spoke with USDA Deputy Secretary Stephen Vaden about the decision, what he saw during a recent tour of the property, and why the department believes closure is the best path forward.
The latest developments point to shifting export routes, higher congestion risk, and continuing cost pressure for grain, fertilizer, and energy shipments.
National Corn Growers First VP Matt Frostic joins us to discuss their 62nd annual yield contest, the new short-season corn pilot class, and what farmers can expect as the season gets underway.
