Saturday, July 13, 2024

CoBank: Rural U.S. ag industries turning corner, but COVID-19 persists

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DENVER — The U.S. economy has been improving since late spring, but progress has slowed measurably, and the economy remains fragile. Another broad fiscal relief package appears to be off the table at least in the near-term, which means the currently sluggish economy will likely end the year in a fizzle, CoBank notes.

According to a new quarterly report from CoBank’s Knowledge Exchange, rural America is experiencing a dichotomy of improving industry fundamentals and a surge of COVID cases. Rural communities are now the source of a disproportionate number of new cases, just as many Americans are beginning. . .

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