agricultural economy

Last week, the Federal Reserve Board released its August 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.

The USDA’s Economic Research Service (ERS) indicated on Friday that, "Net farm income, a broad measure of profits, is forecast to increase $4.0 billion (4.8 percent) from 2018 to $88.0 billion in 2019. Net cash farm income is forecast to…

Wall Street Journal writer Lauren Silva Laughlin reported earlier this month that, "Losses are popping up in farmers’ income statements and the pain can be seen in the share prices of the companies that depend on them. After a challenging…

On Thursday, the Federal Reserve Bank of Chicago released a report providing an outlook on farmland values and agricultural credit conditions for the second quarter of 2019.  Recall that other Federal Reserve Districts released similar reports last week.  A summary…

This week, the Federal Reserve Banks of St. Louis, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the second quarter of 2019.  And earlier this year, the Federal Reserve Bank of Dallas released…

Recent news items have highlighted variables associated with the agricultural economy, including: loan repayment rates, debt levels, bankruptcy filings and agricultural production expenses.  Today's update includes a brief recap of some of these articles and reports.

Nathan Kauffman and Ty Kreitman indicated in a recent update from the Federal Reserve Bank of Kansas City ("Large Loans Drive Further Increases in Farm Lending") that, "Growth in the average size of farm operating loans boosted agricultural lending in…

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.

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.

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…

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…

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…

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

Late last week, the U.S. Department of Agriculture’s Economic Research Service (ERS) released a report (“Interdependence of China, United States, and Brazil in Soybean Trade,” by Fred Gale, Constanza Valdes, and Mark Ash) that discussed "factors driving China's imports of…

Recent news items discuss the ongoing impacts of the unprecedented adverse weather that unfolded in the Corn Belt this spring.  Corn prices have increased as supply uncertainty persists.  Meanwhile, commodity export demand remains a concern as the U.S., China trade…

The most recent crop forecast from the U.S. Department of Agriculture revealed that unprecedented spring weather has already negatively impacted production prospects for corn.  Meanwhile, recent news items highlight the ongoing production uncertainty that stems from later than normal planting.…

Financial Times writers Gregory Meyer and Robert Armstrong reported earlier this month that, "Despite a half-decade of falling grain prices, Midwestern farmland has held much of its value, and has become the foundation for a borrowing boom. Farm debt across…

Earlier this month, the Federal Reserve Board released its May 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.

A news release from the U.S. Department of Agriculture on Monday provided additional details regarding disaster aid and trade-related assistance for farmers this year.