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Farm economists say today’s ag slowdown “isn’t a collapse, but it’s a grind.” From trade woes to rising costs and consolidation, experts warn recovery could take time, even as livestock markets stay strong.
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Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.
Soybeans continue to lead strength, which will be difficult to continue without participation from corn and wheat in the next couple days.
Frost/freezes in the Midwest
Dollar weakness has provided a cushion, but is a double-edge sword for U.S. farmers
The USDA is preparing to unlock more than $3 billion in assistance for American farmers that had been held up due to the shutdown. These funds — drawn from the Commodity Credit Corporation — were originally earmarked to help producers affected by plunging crop prices, soaring input costs and export disruptions tied to trade policies.