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Kansas City Fed: Farm Lending Declines For a Second Consecutive Quarter

In an update last week from the Federal Reserve Bank of Kansas City (“Farm Lending Declines at End of 2019”), Nathan Kauffman stated that, “The volume of agricultural lending at commercial banks remained elevated, but declined for a second consecutive quarter.…

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Recent News Summaries

Uncertainty Lingers Regarding Chinese Purchases of U.S. Farm Goods

Bloomberg writers Mike Dorning and Michael Hirtzer reported last week that, “President Donald Trump’s phase-one trade deal with China offers the promise of more overseas sales for American farmers, but the impact of the agreement remains unclear.”

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Federal Reserve: Observations on the Ag Economy- January 2020

Last week, the Federal Reserve Board released its January 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy.

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Senate Passes USMCA, Providing Reassurance and Certainty to Farmers

Wall Street Journal writer William Mauldin reported on Thursday that, “The U.S. Senate easily passed an overhaul of North America’s trade rules on Thursday, sending a major Trump administration priority to the president’s desk.”

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U.S., China Sign Phase One Trade Deal- Agricultural Purchases Included

Financial Times writer James Politi reported on Wednesday that, “The US and China have signed an agreement to pause the trade war that has weighed on the global economy for nearly two years, while leaving in place tariffs on hundreds…

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African Swine Fever Continues to Propel “Profound” Market Changes

Last week, Financial Times writers Emiko Terazono, Andres Schipani and Jamie Smyth reported that, “China’s African swine fever epidemic has dramatically reshaped the global meat market and its trade patterns in the 18 months since the outbreak was first officially…

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“Dimmed” Hopes That China Will Double U.S. Farm Purchases, as Phase-One Deal Signing on Schedule

Lingling Wei reported in Friday’s Wall Street Journal that, “Chinese President Xi Jinping’s chief trade negotiator will travel to Washington early next week to sign a phase-one trade deal with the U.S., China’s Commerce Ministry said Thursday, the first official…

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