“Agricultural” Economy- “Rural” Economy

In a special section of the Christmas Day edition of the Omaha World-Herald, Barbara Soderlin reported that, "The outlook may sound bleak for Nebraska’s agriculture-dependent economy as farmers wrap up the third year in a row with falling profits: The decline has economists talking about state budget cuts, rising farm loan defaults and falling land values. Main Street businesses that depend on farm spending say the picture might be dimmer, but they’re not yet turning out the lights."
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Biofuels: Trump Picks Stir Unease

Last week, DTN Ag Policy Editor Chris Clayton reported that, "Biofuel supporters largely keep pointing to President-elect Donald Trump's campaign statements on ethanol, but the stack of nominations coming from Trump with far closer ties to oil than ethanol is quickly starting to raise some red flags.
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U.S. Contests China Ag Trade Policies at W.T.O.

Recall that back in September, Reuters writers David Lawder and Nathaniel Taplin reported that, “The United States on [September 13th] launched a challenge to China’s price supports for domestic wheat, corn and rice at the World Trade Organization, charging that these far exceed limits that China committed to when it joined the WTO in 2001.”
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Iowa Farmland Values Decline, Cash Rent Issues

Donnelle Eller reported on the front page of Wednesday's Des Moines Register that, "Iowa's average farmland value declined for the third year in a row, down 5.9 percent to $7,183 an acre over the past year. It's the first time since the 1980s farm crisis that land values have fallen three straight years, according to an Iowa State University [ISU] report released Tuesday.
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Immigration- Food Prices

Caitlin Dewey reported in the Washington Post on December 7th that, "President-elect Donald Trump has promised a major crackdown on illegal immigration, triggering immense alarm among the country's 11 million undocumented people. But Trump’s deportation promises, if fulfilled, would ripple far beyond the lives of illegal immigrants. Deportations would affect vast swaths of the economy — with a particularly dramatic impact on agriculture.
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Trump Nominates Scott Pruitt to Head EPA

On December 8th, Washington Post writers Chris Mooney, Brady Dennis and Steven Mufson reported that, "President-elect Donald Trump on Thursday nominated Scott Pruitt, the attorney general of the oil and gas-intensive state of Oklahoma, to head the Environmental Protection Agency, a move signaling an assault on President Obama’s climate change and environmental legacy."
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