The Farm Credit Administration just released it’s quarterly report, and there are some positives and negatives.
It was noted that economic growth in the industry appears to be “moderating by about a half percentage point from earlier expectations this year,” which is partially due to “consumers and businesses adjusting to the effects of an uncertain tariff environment.”
On the positive side, crop conditions remain favorable throughout the country, and livestock and poultry sectors producer margins are generally positive.
It was also noted that while “Highly Pathogenic Avian Influenza (HPAI) cases have slowed in the U.S., an outbreak of the bird flu in Brazil—the world’s second largest chicken producer—is creating opportunities for increased U.S. broiler exports.”
The full report can be see on the FCA website.
