January 24, 2020

Ag Economy; CFTC Issues; and Food Safety

Ag Economy

Associated Press writer Chris Williams reported yesterday that, “The economic downturn in the Upper Midwest will continue through 2009, with the unemployment rate predicted to hit 14 percent in part of Michigan by the end of the year, according to the latest forecast from the Federal Reserve Bank of Minneapolis.

“Employment by year-end is expected to be down from last year’s levels and unemployment rates are expected to rise above historic averages throughout the area. The forecast doesn’t consider the stimulus package now being debated in Washington.”