Senator Mitch McConnell has introduced legislation to address the decline in available farmland. It aims to ensure retiring farmers can transition their operation to the next generation while preserving land for ag use.
Ericka King with the Kentucky Farm Bureau spoke with RFD-TV’s own Suzanne Alexander on the Protecting American Farmlands Act, contributing factors to the decreasing amount of farmland, and the next steps.
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AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.