The Ag Economists’ Monthly Monitor found that many of them believe the ag economy is already in recession or on the brink of one.
If it weren’t for strong cattle prices and situation would be worse.
“When you look at, what we said for both, relative to last month or last year, some of the most pessimistic readings we’ve had, since we’ve been surveying here on 2024,” said Scott Brown, interim director, Rural and Farm Finance Policy Analysis Center (RaFF), University of Missouri who also helps author the Monthly Monitor each month.
