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Kansas City Fed: Ag Banks Make Adjustments

  • May 5, 2019
An update last month from the Federal Reserve Bank of Kansas City ("Ag Banks Make Adjustments as Lending Remains Elevated," by Cortney Cowley and Ty Kreitman) stated that, "According to the National Survey of Terms of Lending to Farmers, non-real estate lending…
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Disaster Aid Issues

  • April 10, 2019
On Tuesday, the House Appropriations Subcommittee on Agriculture held a hearing regarding the Administration's FY 2020 Agriculture Department Budget Request, and heard testimony from Secretary of Agriculture Sonny Perdue.  During the discussion part of the meeting, significant attention was focused…
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Diminished Optimism in the Corn Belt

  • March 31, 2019
Flooding and gloomy price prospects for corn and soybeans are diminishing optimism in the Corn Belt as spring planting nears.  Recent news articles continue to discuss the ongoing negative impacts of Midwestern floods on an already battered farm economy.  Meanwhile,…
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2019 Farm Sector Income Forecast, March

  • March 6, 2019
The USDA’s Economic Research Service (ERS) indicated on Wednesday that, "Net farm income, a broad measure of profits, is forecast to increase $6.3 billion (10.0 percent) from 2018 to $69.4 billion in 2019, after decreasing $12.0 billion (16.0 percent) in 2018.…
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Senate Ag Committee Hearing with Secretary Perdue

  • February 28, 2019
Following Wednesday's appearance before the House Agriculture Committee, Secretary of Agriculture Sonny Perdue testified on Thursday before the Senate Agriculture Committee at a hearing titled, "Implementing the Agriculture Improvement Act of 2018."  A variety of topics were discussed at the…
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