2024 Agricultural Economic Outlook

Want to know more about current and expected market conditions affecting agricultural co-ops? In this 60-minute zoom, Tanner Ehmke, Lead Economist with CoBank, will discuss the issues impacting the macroeconomy, agricultural commodity markets, and the agricultural economy with particular focus on inflation. Get an outlook on the agricultural commodity markets, including corn, wheat, soybeans, rice, cotton, hay, cattle, hogs, and dairy, and the impact of rising production costs.

Presenter and Moderator Bios

Presenter: Tanner Ehmke, Lead Economist, Knowledge Exchange Division, CoBank, ACB

Tanner Ehmke is Lead Economist for grains and oilseeds at CoBank’s Knowledge Exchange research team that provides market and industry outlooks on sectors affecting the rural economy. Prior to joining CoBank in 2015, Tanner farmed and marketed seed for his family’s seed company in western Kansas where his family homesteaded in 1885. He previously was a commodities analyst at AgResource Company in Chicago, a markets reporter for Dow Jones at the Chicago Board of Trade, and an agricultural journalist covering crop production and farm business management. Tanner holds a bachelor’s in Agricultural Economics and a master’s in Agricultural Business, both from Kansas State University.

Moderator: Wayne Sine, CPA, Education Director, National Society of Accountants for Cooperatives

Wayne Sine is an experienced and highly knowledgeable professional in the field of Tax. Wayne recently retired as Tax Director from his company, Southern States Cooperative. He has extensive experience working with agricultural cooperatives and has been a long-time member of the NSAC. He is extremely active in the NSAC, serving as both past Chapter President of the Atlantic Chapter, and past Chair of the Tax Committee, and is currently serving as the NSAC Director of Education. Wayne's career is marked by several accomplishments, and he has always been involved in many organizations, spreading his knowledge. Wayne is a member of the Legal, Tax, and Accounting (LTA) Committee for the National Council of Farmer Cooperatives. He is also Past Chair of both the Tax Committee of the Virginia Chamber of Commerce and the Virginia Manufacturers Association. Wayne also served on the Tax Policy Committee at the Virginia Society of CPAs and served as past Region Vice President for the Tax Executives Institute.