Farm Economy

The U.S. dairy industry, driven by substantial investments and shifting consumer preferences, is poised for significant growth in the coming years.

Rollins’ confirmation was expected, as the Senate maintains its quick pace of confirming President Trump’s key cabinet positions.

From trade and deregulation to alternative land uses and cash rent prices, ag economists have no shortage of issues on their radar for 2025.

The CR includes nearly $110 billion in disaster and farmer aid, which includes $10 billion in farmer aid and $21 billion ag disaster aid. $2 billion of that disaster aid is specifically for livestock producers. The measure also includes a one-year extension of the 2018 Farm Bill.

The eroding health of the overall farm economy was the emphasis of the latest Ag Economists’ Monthly Monitor, which is a survey of nearly 70 leading agricultural economists from across the country.

Trump garnered even stronger support in rural America versus his still robust rural vote in this first administration. That is likely a backlash against the ag policy moves of the Biden/Harris administration that focused on underserved and minority rural citizens.