American Ag Has Much to be Thankful For
November 19, 2018
As we approach Thanksgiving and the
opportunity to reflect on the things we can be thankful for, we in American
agriculture have much to consider. Yes, it has been a long, tough harvest.
Commodity prices have dropped to levels that bring no joy. There is no Farm Bill and we don't know
when trade tariffs will be resolved.
But if you look at the bigger picture for what is happening now and that which
will be good in the long run, there are many positive things in American ag. U.S. agriculture and its producers are the envy of the
world. As world population grows and water resources become even more
stretched, the United States is the most stable and most productive place in
the world and it is where many turn to for investments in ag
and food production. Americans have the incomes to afford a diversity of
products produced by agriculture which is evidenced by the choices in the foods
we eat.
We can't ignore those who will struggle through these below normal farm income
years, but overall, American agriculture in its various shapes and sizes will
weather the downturn and look to the longer term for a bright future.
Randy Dickhut
Senior Vice
President - Real Estate Operations
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