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Rural economy contends with persistent barriers

Agricultural economy must deal with another year of belt tightening in face of uncertain trade environment, large supplies and slim margins.

Expect an expanding global economy, strong U.S. consumer confidence and persistent economic recovery in many rural areas, but temper that optimism with another year of on-farm belt tightening due to lingering financial stress from low commodity prices, according to a wide-ranging 2018 outlook report from CoBank’s Knowledge Exchange Division.

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