CoBank: U.S. ag industry faces global challenges in 2016

Commodity oversupply and weakening exports weigh heavily on U.S. farm income.

Mounting global inventories, withering export demand and weak global economic growth, which caused U.S. farm income to plummet by 25% in 2015, will continue to plague the U.S. agriculture industry in 2016, according to the new “Quarterly Rural Economic Review” from CoBank.

U.S. farm income declined to $93 billion in 2015 after averaging more than $124 billion in the previous four years due to uncommonly strong commodity market growth. Despite the decline, CoBank said the 2015 farm

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish