The 'towns are rolling up on us' warns Land O'Lakes CEO of rural America
Investing in our own food supply is probably a good idea, Beth Ford says
Rural America needs help.
That was the key message from Beth Ford, president and CEO of Land O’Lakes, Inc., while speaking Thursday at the Federal Reserve Bank of Minneapolis’ annual economic outlook conference for the Ninth District.
“Farmers want trade. They want a robust marketplace and they want to compete,” said Ford. “But the reality is we are in a disrupted environment through trade tariffs and other things.”
Ford, the conference’s keynote speaker, stressed that rural communities are reeling, and not only from the Trump administration’s two-year trade war with China, which has left soybean farmers without a buyer for more than 60% of their exports for years, but also from decades of neglect.