E105: Help Wanted in Agriculture

The 2022 Ag Symposium was held by the Kansas City Fed May 23rd and 24th, and the theme of the bank’s annual event is help wanted in agriculture. Today, DTN Farm Business Editor Katie Dehlinger joins us to talk more about what she heard from President of the Kansas City Fed, Esther George, and from various Fed economists who have their attention trained on the ag sector as inflation climbs, global factors disrupt supply chains, and the resources farmers need to run their businesses get harder to find. From the bank's perspective– ag labor is at the top of the list, whether it’s the need for hired hands on grain operations, cowboys or dairy workers, or picking and pruning teams, workers are becoming fewer and farther between. We’ll discuss how the Fed understands this growing issue, what they can and can’t do about it, and where they expect relief to come from.