economy

A Republican state senator and a Democratic state representative presented a grim picture of Colorado’s budget in Dolores Saturday morning.

Observers say the trade truce between the U.S. and China could hold for now, easing tensions for global markets and U.S. soybean farmers — but challenges remain. While China’s purchases have pushed soybeans to a 16-month high, Brazil still has a cost advantage, and U.S. farmers continue to face high input prices and labor shortages tied to immigration policies. Meanwhile, new innovations like virtual fencing are helping ranchers adapt to tough conditions on public lands.

The federal government shutdown has reduced local tourism by about 20%, according to Mesa Verde Country CEO Brian Bartlett, though some visitors are still exploring the region’s fall colors and outdoor recreation. Mesa Verde National Park and nearby Utah monuments remain open in a limited capacity, while the Ute Mountain Tribal Park continues to offer select tours. Despite fewer visitors overall, Bartlett notes that visitor spending in 2025 is up compared to last year.

One reason is that the state is paying out more to lower-income residents through targeted tax credits.

Livestock producers, especially beef operations, see record profits in 2025, while crop farmers struggle with low returns, trade disputes, and echoes of the 1980s farm debt crisis. Economists warn of long-term risks as tariffs and high input costs squeeze margins.

Visitation at Mesa Verde has been down by a little less than 4 percent this year.

The USDA projects a $47B agricultural trade deficit for 2025, sparking concerns about long-term trends and data transparency. Meanwhile, the Great Western Ranch sold in New Mexico, highlighting surging land values, and Congress remains stalled on passing a new Farm Bill.

The 2018 Farm Bill remains stalled as extensions drag on, leaving U.S. farmers facing uncertainty. Tariffs, volatile corn and soybean prices, and rising input costs threaten profitability into 2026, while global trade shifts cut U.S. access to key markets.

As corn and soybean harvest begins, U.S. farmers face near break-even prices, weak exports, and tariff-driven trade challenges, with policy fixes still uncertain.

USDA forecasts record corn yields, but tariffs and trade wars drive a $29B farm trade deficit, straining U.S. producers already facing low prices.