Jim Wiesemeyer

Jim Wiesemeyer was a Pro Farmer contributor as the Washington Bureau Chief. His columns provided expertise and insight on farm policy, trade policy and Washington politics.

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Agriculture can sometimes act as a buffer during broader economic recessions, as demand for essential food items tends to remain relatively stable. However, when multiple indicators align in the industry, it can signal a recession.
Agricultural imports are expected to reach a record $212 billion, up $8 billion from FY 2024. This increase is largely due to rising imports of horticultural products, sugar and tropical products.
The decision was made by U.S. District Judge Lisa Godbey Wood, who found the rule unconstitutional because it conflicted with the National Labor Relations Act (NLRA) by granting collective bargaining rights to farmworkers.
Vice President Kamala Harris is expected to propose several economic measures aimed at addressing key voter concerns such as housing and grocery costs with a federal ban on price gouging.
A new Kansas City Fed report shows farm incomes continued to weaken, particularly in crop-heavy states like Kansas, Missouri, and Nebraska, while cattle prices provided some support.
Recessions often lead to decreased demand for certain agricultural products, particularly those considered discretionary, such as cotton, dairy, specialty meat products and vegetables. This can result in lower prices for these commodities, affecting farmers’ revenues.
Walz’s selection is seen as a strategic move to appeal to rural voters and progressives, given his track record of progressive policy achievements and his Midwestern charm.
The classification would have boosted exports and reduced tariffs on goods from country that is rising supply chain alternative to China.
House Ag Committee Chair GT Thompson (R-Pa.) believes the CBO’s methodology underestimates the potential savings criticized them for what he sees as a history of underestimating Commodity Credit Corporation (CCC) outlays.
USDA has distributed $2.2 billion to 43,000 individuals who experienced discrimination in receiving USDA farm program services before January 2021. More than 23,000 individuals currently or previously involved in farming or ranching received between $10,000 and $500,000.