WASHINGTON (RFD-TV) — As harvest moves forward across the country, farmers are facing mounting challenges tied to record crop yields, slowing export demand, and rising transportation and storage costs.
According to American Farm Bureau Federation (AFBF) economist Bernt Nelson, the combination of strong production and large carryover stocks continues to put pressure on commodity prices, creating uncertainty for growers looking to market their grain. He joined us on Thursday’s Market Day Report to discuss what these factors mean for U.S. agriculture as harvest continues.
In his interview with RFD-TV News, Nelson said many producers are now weighing their storage options, as bins fill up quickly after back-to-back bumper crops. The tight storage situation, coupled with expensive freight rates, is forcing some to consider alternative marketing strategies or off-farm storage—both of which can eat into profits.
While abundant supply typically benefits consumers, Nelson notes that it is contributing to softer price trends in many markets, leaving farmers hoping for stronger demand signals in the months ahead.
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Farm CPA Paul Neiffer joined us to break down the recent Fifth Circuit Court decision overturning a prior Tax Court decision on self-employment tax for limited partners, the ruling’s impact on farmers, and potential next steps in Congress.
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Americans for Prosperity Arkansas Director Ryan Norris talks energy infrastructure, regulatory reform, and the role of critical minerals in supporting rural America.
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Pennsylvania Farm Show scholarship recipient Elizabeth Dice discusses her award, her background in farming, and her path forward in the agriculture industry.
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Mike Steenhoek with the Soy Transportation Coalition discusses supply chain challenges facing agriculture as snow, sleet and ice threaten most of the Eastern U.S.
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