Source: Todd Fitchette, FARM PROGRESS, 1/6/20


Record U.S. stock market levels and a recent trade agreement with China do not tell a complete story of what farmers and ranchers could face in 2020. National farm policy, trade agreements and world currency values could continue to affect American agriculture, and not always in a positive way, according to a CoBank report. The rural economy will continue to face headwinds as gross domestic product growth (GDP) is projected in rural America could continue to trail the rest of the country by about 1%.

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