In PGIM's latest Agriculture Landscape publication, we explore the most recent developments in the sector. Highlights include:

• The Consumer Price Index (CPI) for food rose to the highest levels over the past three years.
• Payment rates have been established for the forthcoming Farm Bridge Assistance Aid program, which will primarily benefit farmers in the Midwest and Southern regions.
• U.S. Agribusiness Trade Missions will continue around the world to expand market access for U.S. agricultural products. 
• The current administration may relax strict environmental regulations for agricultural producers. 
• Water disputes between Mexico and the U.S. seemed to be appeased after Mexico agreed to comply with the Water Treaty Agreement signed by both countries in 1944.
• Mergers and acquisitions in the seed and fertilizer space expected to continue.