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Federal Reserve: Observations on the Ag Economy- July 2019

On Wednesday, the Federal Reserve Board released its July 2019 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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Recent News Summaries

FAO Report on World Hunger: More Than 820 Million People Are Hungry

Earlier this week, the Food and Agriculture Organization of the United Nations (FAO) released a report titled, “The State of Food Security and Nutrition in the World 2019.”  Today’s update includes highlights from the FAO report.

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Conflicting Perspectives on China’s Promise to Purchase More U.S. Farm Goods

Recent news reports have noted that U.S., China trade negotiations have been revived, but that China has yet to move forward with large U.S. agricultural purchases, as promised by President Trump.  Separately, news items last week also discussed recent U.S.…

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OECD‐FAO Agricultural Outlook 2019‐2028: Focus on Corn and Soybeans

A news release on Monday from the Food and Agriculture Organization of the United Nations stated that, “Global demand for agricultural products is projected to grow by 15 percent over the coming decade, while agricultural productivity growth is expected to…

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Corn, Soybean Production Concerns; While Chinese Tariffs Continue for Second Year

The challenges presented by the extraordinarily bad weather this spring, which have already clouded the production outlook for 2019, continue to plague many farmers as the summer growing season unfolds across the Corn Belt.  Meanwhile, Saturday marked the one year anniversary…

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USDA Under Secretary Bill Northey Discusses Prevent Plant Acres and Trade Aid

Bill Northey, the USDA Under Secretary for Farm Production and Conservation, was a guest on Friday’s “Adams on Agriculture” radio show with Mike Adams.  Today’s update highlights the parts of Friday’s discussion that focused on prevent plant acres and market…

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Perspectives on Corn Belt Farmland Values

Today’s update highlights recent news items that discuss the value of farmland in Iowa, Nebraska, and more broadly in the Corn Belt.

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