Updated
Updated · KMAland · Jun 26
Bank CEOs Back Tariff Cuts as 42% Rank Them Top Farm Income Fix
Updated
Updated · KMAland · Jun 26

Bank CEOs Back Tariff Cuts as 42% Rank Them Top Farm Income Fix

1 articles · Updated · KMAland · Jun 26

Summary

  • Nearly 42% of bank CEOs in Creighton University’s 10-state Rural Mainstreet Survey said lowering global tariffs is the top federal step needed to raise farm and ranch income.
  • China trade remains a key drag: agricultural goods and livestock sales there are still down about 68% from the same period in 2024, even after improving from 2025 levels.
  • More than 26% ranked passage of a five-year farm bill second, reflecting frustration with Congress’ reliance on one-year extensions as farmers face continued volatility.
  • About 16% favored another federal bridge assistance program, while 15.8% backed year-round E-15 approval, showing bankers see trade relief as the clearest near-term lever.

Insights

Can US farms embrace global free trade while also depending on domestic subsidies and biofuel mandates for survival?
Amid a severe USDA staffing crisis, can any new farm bill effectively deliver on its promises to American farmers?
Do biofuel policies designed to save farms ultimately cost families more at the grocery store and the gas pump?