Economy and Trade

AFBF: Fuel Prices Continue To Hurt American Farmers
AFBF: Fuel Prices Continue To Hurt American Farmers
The American Farm Bureau Federation is out with some dramatic new figures on the toll fuel inflation is taking on producers and consumers.  AFBF Chief Economist Roger Cryan said the cost of growing food and fiber is soaring. “At the retail level, gasoline is up 50% from a year ago and fuel oil is up 100% from a year ago, quite a high-cost increase for farmers," with diesel up 74% from a year
WCIT: Tensions With China Impacting Washington Trade
WCIT: Tensions With China Impacting Washington Trade
A variety of political and economic factors, including the increased reliance on tariffs and ongoing tensions with China, have negatively impacted the growth of international trade in Washington over the past couple of years.  A new report released Tuesday by the Washington Council on International Trade, details the affect these factors have had on the state’s economy.  The repo...
How Will Interest Rates Impact Agriculture?
How Will Interest Rates Impact Agriculture?
What will be the effects of higher interest rates on farmers and agriculture? "I'm almost gun-shy of making strong predictions in the environment we've been in, in the last couple years," noted USDA Chief economist Seth Meyer.  But he went add, "Rising interest rates in the United States strengthens the dollar, makes us a little less export competitive." ...

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