The economic picture has improved for agriculture producers this year compared to last year. Steady economic growth, growing consumption, and improved trade prospects offer some hope.
On the other hand, reduced government support, international competition, and international tensions could weigh on Nebraska producers. Moreover, as 2019 reminded everyone with a vengeance, weather will always have a role in agriculture’s drama. Forecasting the future has been compared to a drunk monkey throwing darts—this economist is feeling a bit like a drunk monkey.