The latest barometer, which is based on an economic sentiment survey of 400 agricultural producers each month, recorded a reading of 114 – down 1 point compared to a month earlier.
Farmers routinely handle high-dollar transactions — and the nature of the payments, often through unsecure methods, leaves them susceptible to foul play.
The availability of livestock workers was ranked as more limited than crop workers and finding long-term help seen as more difficult than temporary help due to the seasonal nature of the ag industry.
According to Shuring, what may be considered equal doesn’t always make sense when the succession plan involves family members who actively work on the farm, and others who do not.
Through his work, Russell Taylor has focused on being an advocate for conservation practices in agriculture – partnering with several different organizations to change laws and draft language for the farm bill.
CoBank has released their 2024 outlook report, which takes a look at the key themes the organization expects to shape agricultural and the rural economy in the coming year.
Looking at the farm economy as well as lending conditions, over 260 ag lenders ranked their top 12 concerns for what institutions and producers are facing.
