Your Pro Farmer Newsletter (March 17, 2023) is Now Available

Fear of financial contagion flared as the recent failure of Silicon Valley Bank and the shutdown of Signature Bank of New York spread to Europe, touching off a series of emergency preventative actions by U.S. and Swiss officials. The new banking sector uncertainty puts even more spotlight on the upcoming Fed decision on interest rates. Markets are now pricing in greater odds the Fed will pause its monetary tightening. History shows a misstep by the Fed could have long-term economic implications. Meanwhile, Argentina’s crops continue to suffer from drought, while Brazil’s crops remain stable. China is facing a new outbreak of African swine fever, which could impact the feed and hog markets. This issue marks the 50th anniversary of Pro Farmer. In a special page 4 feature, co-founders Merrill Oster and Jerry Carlson took a look back over the past 50 years and gazed into their “crystal ball” for what lies ahead for agriculture. We cover all of these items and much more in this week’s newsletter, which you can download here...