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Situation The 2024 extension for the 2018 farm bill has expired. Without an extension or a new farm bill, we revert to “permanent law” from 1949.
Milk production maintained a sideways trajectory in 2024, finishing the year slightly below 2023. Dairy markets are starting 2025 in reasonably good shape, well positioned for
Still recovering from 2023, the hog industry continues to slowly climb to a place with a better view. Margins are still thin, heightening the industry’s risk
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