The Iowa Farm Bureau Federation (IFBF) has opened registration for its upcoming webinar, “The Economic Outlook and Your Farm,” that will dive into current economic pressures stifling the ag economy and factors for farmers to consider when planning ahead for a possible recession in agriculture.  

IFBF’s Economic Outlook webinar will be held July 16 at 1 p.m.  Dr. Robert Dieli, president and founder of RDLB, Inc., an economic forecasting and management consulting firm, will offer insights into inflation and higher borrowing costs contributing to the downturned ag economy and provide helpful insight for farmers to consider while making long-term decisions for their farms.

“Declining commodity prices and ‘higher for longer’ interest rates continue to impact purchasing power and on-farm profitability, raising concern across the ag sector,” says Zach Brummer, Iowa Farm Bureau farm education program manager. “As farmers grapple with higher borrowing costs and inflationary pressures hitting close to home with layoffs in the meatpacking and manufacturing sector with companies such as Tyson, Firestone and John Deere, we want to provide as much insight as possible to help members navigate these turbulent waters.”

To register for the webinar, visit www.iowafarmbureau.com/events and select “The Economic Outlook and Your Farm Webinar.”