The state of the U.S. Agriculture, at present, is quite good according to Bob Stallman, president of the American Farm Bureau Federation, the industry’s leading lobbying group. Global demand for food is increasing, with some experts forecasting growth of 50% over the next ten to twenty years. Additionally, technological advancements in biotech and farm equipment have made the industry far more productive. Despite the current rosy picture, challenges lie ahead as the farm sector is not immune to the political tides shifting for many industries. Current debates on obesity and budget issues in the form of a new farm bill are prompting the industry to renew their, normally, goodwill with Washington and the American people.
Read the Entire Article by Maggie McNeil of MarketWatch