perdue task force meeting rural america

Secretary Perdue Hosts Inaugural Rural Prosperity Task Force Meeting

Dan Economy, Industry News Release

Task Force showcases broad interagency support for promoting economic growth and spurring innovation in rural America U.S. Secretary of Agriculture Sonny Perdue hosted the inaugural meeting of the Interagency Task Force on Agriculture and Rural Prosperity. Joined by Secretary of Housing and Urban Development Ben Carson, Secretary of Energy Rick Perry, Director of the White House Office of Management and …

tax relief

Tax Reform Central to Improving Economy

Dan Economy, Industry News Release

Farmers and ranchers need the economic benefits that will follow from tax reform, the American Farm Bureau Federation told Congress in testimony submitted to the House Ways and Means Committee. Weather, high debt-service, a lack of liquidity and the difficulties of passing on land from one generation to the next all make taxation an important issue for farmers and ranchers. …

Rural Mainstreet Index Improving

Dan Economy, Industry News Release

Rural Mainstreet Climbs to Highest Level Since September 2015: But Only 15 Percent Report Expanding Economy February Survey Results at a Glance: * The overall index, while remaining below growth neutral, rose to its highest level since September 2015. * More than one-third of bank CEOs reported their local economy remains in an economic downturn.  Only 14.9 percent of bankers indicated their local …

NCC Releases Economic Outlook

Dan Cotton, Industry News Release

Demand Growth, China’s Reserve Auctions and Global Supply Response Hold Keys for the Coming Year National Cotton Council economists point to a number of key questions that will shape the 2017 economic outlook for the U.S. cotton industry. In recent months, cotton prices have maintained a stronger appearance despite: 1) concerns about world demand, 2) Chinese imports below historical levels, 3) …

Inflation Up, Food Prices Unchanged

Dan Economy, Industry News Release

Overall inflation over the last 12 months increased 2.1 percent, but food prices remain unchanged. The U.S. Bureau of Labor Statistics’ Consumer Price Index for All Urban Consumers was up .3 percent in December, with gasoline prices up three percent. But the food-at-home index fell 0.2 percent, its eighth consecutive decrease that reflects an overall 0.2 percent decrease over the …