The Oregon Natural Resources Report - Agricultural News from Oregon

Agriculture is Bright Spot in a Bad Economy

February 8, 2010 --

y Lynne Finnerty
American Farm Bureau Federation

With the U.S. facing deep economic turmoil and unemployment hovering around 10 percent, it might seem as if there’s little to be optimistic about. Agriculture, however, has helped fortify the economy when it needed it most, as other sectors such as U.S. automobile manufacturing, real estate and construction have contracted and shed workers.

Funny thing, how agriculture often is overshadowed by seemingly more exciting industries, like, say, derivatives trading, but turns out to be the old reliable when other endeavors fail. Just like the tortoise and the hare in Aesop’s fable, farmers and ranchers keep plodding along, producing food, fiber and fuel stocks.



Print This Post Print This Post    Email This Post Email This Post

Subscribe to Weekly Updates

 

Top Business News

 

Top Women's News

 

Top Natural Resource News

 

Top Faith News

 

More Oregon blogs at IgnOregon.com


Copyright © 2010, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report