The Farm Journal’s Ag Economists’ Monthly Monitor is a survey sent to 70 of the leading “agricultural economists nationwide to gauge perspectives on important drivers of agriculture.” According to the most recent version of the survey, a slight majority of the economists — 56% — say that the industry ended 2024 in a recession (compared to 53% who predicted the same in October). And a whopping 81% said that the United States agricultural economy is on the brink of a recession (compared to just 56% who said the same in October).
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Commodity prices, high interest rates, and the avian flu are some of the issues hurting the ag industry, but the survey wasn’t all gloom and doom. When Farm Journal asked the
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