QUARTERLY U.S. RURAL ECONOMIC REVIEW

Third Quarter 2018

Rising Output Compressing Agricultural Margins

Ongoing trade negotiations and disputes continue to be a disruptive factor in both the short-term and long-term outlook for U.S. agriculture and its farmer cooperatives.
Strong growth in the U.S. and global economies will support demand in the domestic and export markets through much of 2019.

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Second Quarter 2018

Trade War Rhetoric Shifts to Reality

The world’s two largest economies, the U.S. and China, are driving growth in the global economy. At the same time, the emerging markets are benefitting from growth in the advanced economies and global trade has broadened the base for economic growth.

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First Quarter 2018

Trade War Risks Loom Over Agriculture

An impending trade war, continued large global supplies, and negotiations over a new farm bill and tax extenders continue to present challenges for U.S. agriculture and farmer cooperatives.

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