Less optimistic 2024 ag economy outlook still contains silver linings

December 21, 2023
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Professor Chad HartProfessor Chad Hart spoke with Iowa Agribusiness Radio Network for the article "Less optimistic 2024 ag economy outlook still contains silver linings," which examines the outlook for the US ag economy in 2024. Hart said "The idea is, I’m going to describe it as we’re returning to normal. When you think back to 2020, 2021, and 2022, we had some very strong years for the farm economy. And the idea is we couldn’t expect that to continue. We’ve seen our prices decline, we’re seeing things tighten up as far as profit margins are concerned, but for most commodities, I would argue we’re around breakeven, which I would argue is around normal."


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