Get an update on the agricultural sector by the Federal Reserve in the RightRisk Newsrelease at: RightRisk.org/news.

ECONOMIC ACTIVITY increased at a slight to moderate pace for ten of the twelve Federal Reserve Districts, while one District reported a slight decline and one reported no change. Consumer spending remained mixed across Districts and increasingly bifurcated across income groups amid affordability pressures. Agriculture conditions were unchanged or declined for most of the Districts, with cost pressures intensifying from fuel and fertilizer spikes.
More broadly, business outlooks for the next six months were reported to have little change in anticipated growth, as elevated uncertainty and signs of weakening consumer spending weighed on sentiment …

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Learn more via the APPLIED RISK ANALYTICS series, covering the application of RightRisk Analytics risk analysis tools, available for download at: RightRisk.org/appliedriskanalytics.

LEASING OR RENTING pasture or forage is commonplace for many livestock producers across the West and is often an integral part of an operation. While there are many types of arrangements used, establishing a fair and equitable agreement for both parties involved can be a challenge at times. External information sources can provide pricing information on various types of arrangements. However, these estimates often do not accurately reflect the true value of the forage for individuals on either side of a potential lease.

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Introductory training is essential, even for seasonal and part-time employees.

Learn more at: AgHelpWanted.org.

MATCHING employee ability with job requirements is a key part of personnel management. The more effectively managers explain their expectations, the more satisfied both they and their employees will be with initial on-the-job performance, provided all other things are equal.

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YOUTH are often hired by farmers, ranchers, and other agricultural producers to perform labor return for wages.


See: AgHelpWanted.org/updates.

The federal child labor provisions, authorized by the Fair Labor Standards Act (FLSA) of 1938, also known as the child labor laws, were enacted to ensure that when young people work, the work is safe and does not jeopardize their health, well-being, nor educational opportunities. The FLSA establishes minimum ages for covered employment in agriculture, unless a specific exemption applies.

Several Ag Help Wanted updates were recently posted to the website companion for “Ag Help Wanted: Guidelines for Managing Agricultural Labor” and are available for download at: AgHelpWanted.org/updates

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