2025 Fall Farm Outlook

Page 16 2025 Fall Farm Outlook Lincoln Daily News Oct 2025 There is a basic economic principle called supply and demand. This principle states that when supply increases, demand decreases, and vice versa. If Americans only had access to less than one percent of the coffee that they have access to today, this would drive coffee prices through the roof, making it very hard to come by and extremely expensive when one does. In addition to that, coffee shops such as Starbucks, Caribou Coffee, or even local shops such as Guest House would be forced to adapt or go under. America’s self-sufficiency does not hinge solely on coffee, though. It hinges on many areas that are not food related. Perhaps a better way to go about trying to understand whether the U.S. could become truly self-sufficient would be examining if the most commonly imported goods could be produced here in the U.S. Looking at the CIA World Factbook for the United States, one can find what the top five imported goods are. According to the World Factbook, they are “cars, crude petroleum, broadcasting equipment, computers, and garments.” Cars are something that are already produced here in the U.S. According to Statista, in 2023, 10,611,555 cars were produced in the United States. According to the website Mark Lines, on the other hand, that same year approximately 15.6 million new light vehicles were sold. If that same ratio, about 2:3, is true in the U.S. in 2025, that would mean the U.S. would need to increase its car producing capabilities by around 50 percent to meet demand.

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