The Year Ahead: Forces That Will Shape the U.S. Rural Economy in 2022
By Brian Cavey , Brian Earnest , Tanner Ehmke , Rob Fox , Thomas Halverson , Jeff Johnston , Dan Kowalski , Christina Pope , Teri Viswanath and Kenneth Scott Zuckerberg
December 9, 2021
As we enter the third year of the COVID-19 pandemic, the virus is still in control of the economy. However, labor and supply chain challenges should improve slowly through the year, while cost inflation will continue to burden the U.S. and farm economies. Agricultural trade uncertainty, grid-edge technology, and telecom infrastructure spending are also key themes we explore in our look ahead to 2022.
U.S. Farm Economy
Increased Costs and Trade Battle with China to Tighten Farm Margins in 2022
Grain, Farm Supply, Biofuels
Inflation, Volatility Create Mixed Outlook
Lean Supplies, Strong Demand Bolster Prices Despite Export Unknowns
Producer Margins to Improve, but Logistics Hinder Exports
- The U.S. Economy: Labor and Supply Chains to Improve, Inflation Might Not
- U.S. Government: Spending, Partisan Control Will Dominate 2022
- Specialty Crops: Sector Squeezed by Labor, Drought, Transportation
- Rural Electricity: Managing on the Grid-Edge
- Rural Communications: As Government Money Flows, Competition Heats Up the Cable Market
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