Source: NATIONAL HOG FARMER, 8/29/18


As the U.S. economy continues to grow and unemployment dwindles, labor scarcity and wage inflation threaten the rural economy and put additional stress on profitability of the agriculture industry at a time of depressed commodity prices. Manual laborers are chasing higher wages offered in industries like transportation, construction, hospitality and mining, forcing agriculture employers to increase wages at a faster rate to compete, according to a new study from CoBank’s Knowledge Exchange Division.

For more of this story, click here.