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Dylan

With regards to the farmers

The recent $12 billion bailout to farmers is labeled for financial assistance due to the ongoing trade wars. What it doesn't include is that the EPA's Renewable Fuel Standard has been awaiting the White House Office of Management approval since June 13. The EPA's RFS is a major driver for agricultural producers as it sets the requirements for biofuel blends. Historically the numbers always come down from the proposal. We are already 6 months past the proposal and they are expecting it to be finalized in Q1 2026. As the prices of everything we buy rises, the cost of goods produced by our farmers is robbed by interest. I encourage you to see price changes adjusted for inflation in other areas.

1975 (Adjusted for inflation)

Corn $2.49 ($14.99) avg yield 86.4

Soybeans $4.63 ($27.87) avg yield 28.9

Beef per pound $1.57 ($9.45)

2025

Corn $4.08 avg yield 179.3

Soybeans $9.87 avg yield 50.7

Beef per pound $6.50

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