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U.S. Share of World Economic Growth: Implications for U.S. Trade Policy

Between 1980 and 1985, the U.S. accounted for 24.6% of world economic growth. Since then, 2 distinct periods emerge, with the millennium being the break point. Until 2000, U.S. share fluctuated around a very slight downtrend. U.S. share of world economic growth was still 24.1% from 1995 to 2000. Since 2000, U.S. share has dropped at an annual rate of around -0.7 percentage point per year. U.S. share was 12.6% of world growth between 2012 and 2017. [node:read-more:link]

American Soybean Association Joins Farmers for Free Trade

The American Soybean Association this week announced it will join Farmers for Free Trade. Representing soybean farmers across the nation, ASA is joining the bipartisan campaign self-described as “amplifying the voices of American farmers, ranchers and agricultural businesses that support free trade.” ASA CEO Ryan Findlay says agriculture needs “strong likeminded allies” in advocating for new trade agreements and expanding international markets. [node:read-more:link]

Over half of US farms lose money

U.S. farmers that are losing money are not alone, according to data collected by the USDA. The study analyzed data from 2015. Over half of U.S. farm households report losses from their farm businesses each year. There is a caveat. Because net farm income isn’t the total contributor to the financial well-being of farm families, tax-loss benefits and asset appreciation pushes the share of households with positive annual farm returns rises from 43 to 70 percent. [node:read-more:link]

Is the American Dream Still ALive in Rural America?

Many such towns face a turning point. John Ikerd, a retired University of Missouri agricultural economist, sees the rural mood as “a growing sense of impotence and dread.” Ultimately, a positive rural future hinges on rural residents taking the future into their own hands and working together for their community’s common good, says Ikerd. Several steps taken in the past 15 years have helped sustain Langford’s businesses, says Jensen. Glacial Lakes Area Development helps support local individuals and industries with tools like business development goals. [node:read-more:link]

Rural America is ripe with potential, starving for capital

Investment in venture-backed companies in the United States reached $57 billion in almost 4,000 deals in the first half of 2018. Yet, only a fraction of those dollars found their way to funds and companies based in rural America. This capital deficit is starving innovative and valuable growth opportunities across rural communities. [node:read-more:link]

How Can Landowners Protect Themselves from Liability?

A common concern for landowners across the country is how to ensure they are protected from liability if someone is injured on their property.  In fact, in one morning last week, I got three emails from landowners asking what they could do now to be in a position to best defend themselves in the event an injury does occur on their land. [node:read-more:link]

The US has a 2.5 billion-pound surplus of meat.

US dairy producers now have a 1.39 billion-pound surplus of cheese, according to data from the US Department of Agriculture. That’s the largest domestic reserve of cheddar, Swiss, American, and other cheese varieties on record. It means there’s enough excess cheese to arm each American citizen with a hefty 4.6 pounds of the crumbly, melty, salty good stuff. Why is this happening? Simply put: US dairy producers have been overproducing milk. American cows are more productive than ever. [node:read-more:link]

Biodiesel Challenges Waivers in Court

Biofuel, petroleum and environmental interests have filed legal briefs in a broader lawsuit challenging the EPA on its implementation of the 2018 Renewable Fuel Standard volumes, according to documents filed with the U.S. Court of Appeals for the District of Columbia Circuit in Washington. [node:read-more:link]

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