A recent survey from Purdue University shows farmer sentiment is slipping in rural America, and economists say today’s problems are very different than just months ago.
“Back in August, before the election, 22 percent of the respondents in the survey chose interest rate policy as one of their top concerns versus 20 percent choosing trade policy. Since the election, over 40 percent, an average of 43 percent, of the respondents to the survey have chosen trade policy as their top concern. While the percentage choosing interest rate policy as a top concern has been falling, and this month was just ten percent,” said James Mintert.
Right now, Mintert says interest rate policy is a top concern for just 10 percent of those who responded.
Related Stories
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
RealAg Radio host Sean Haney joins us for a Canadian perspective on President Trump’s controversial tariff rollout, lower court rulings, and upcoming review by the U.S. Supreme Court.
