Rabobank on Tariff Risks and Rural Mainstreet Index Drops in December

The Agribusiness Update
A Rabobank market researcher says the implementation of

U.S. tariffs in 2025 runs the risk of fragmenting global trade, and after reaching above growth neutral in November for the first time since 2023, at 50.2, the Rural Mainstreet Index sank to 39.6 in December.

Hurricane Milton Acreage Report and Rural Mainstreet Index Drops in December

The Agribusiness Update
A University of Florida report says Hurricane Milton, a Category 3 hurricane in October, hit more than 5.7 million acres of agricultural land, and after reaching above growth neutral in November for the first time since 2023, at 50.2, the Rural Mainstreet Index sank to 39.6 in December.

Current Cattle Inventory

Land & Livestock Report
Calves born during the first half of 2023 are estimated at 24.8 million head, down 2%