U.S. Farm economy

In this week’s Farm News & Views Report, Bob Bragg discusses backlash from U.S. beef producers after former President Donald Trump announced plans to loan Argentina $40 billion in exchange for Argentine beef imports aimed at lowering U.S. beef prices. Ranchers and industry experts warn the proposal could harm domestic producers, poses potential animal health risks, and is unlikely to provide meaningful relief to consumers.

Farm organizations are warning that America’s agricultural economy is sliding toward crisis levels reminiscent of the 1980s, as low crop prices, high input costs, and ongoing trade disputes squeeze producers. The American Farm Bureau Federation has urged federal leaders to authorize bridge payments and enact long-term solutions to stabilize farm incomes, while analysts note that diversified farms and livestock producers are faring better thanks to strong markets.

Over half of ag economists say U.S. row crops face recession, while Congress stalls on a new farm bill and USDA plans to close key research facilities.

Beef prices climb, farm bankruptcies rise, and tariff threats loom as the U.S. nominates a new Chief Agricultural Negotiator.

Amid rising input costs, trade tensions, and extreme weather, U.S. farmers—especially older producers—are facing mounting debt, mental health strain, and record-low incomes.

U.S. farmers face uncertainty as tariffs disrupt agricultural markets. With global competition growing, experts warn that trade policies may harm the U.S. ag economy.

This week: U.S. ag trade deficit revised to $212B amid rising import demand and falling exports, with lower projections for major crops. Despite this, horticulture exports rise.

The Rural Mainstreet Index declines for the 11th month amid concerns about weak commodity prices and high interest rates. PepsiCo's Planting Pathways Initiative aims to boost opportunities for young farmers. Research highlights the benefits of regenerative agriculture for soil health, and virtual fencing is aiding in Great Salt Lake wetlands conservation.

Farmers in the upper Midwest hit by a solar storm that affected GPS receivers used to plant spring crops, Americans flower-buying habits generate big business, and agriculture is likely to take another direct hit from tariff increases on Chinese imports.

Agriculture in Indian Country generated almost $6.5 billion in 2022, avian influenza has led to infections and depopulation of more than 115 million chickens and turkeys, the collapse of the Baltimore Key Bridge and shut down the Port of Baltimore impacts farm machinery and agricultural exports, low water levels in the Mississippi River continue to affect agricultural transport, and U.S. farm income is falling as low commodity prices, trade headwinds, and higher costs squeeze profits.