agricultural economy

Grace Zaplatynsky reported on Friday at the Globe Gazette (Mason City, Iowa) Online that, "This year has not been the greatest year for farmers with the soaked spring and now the cold and early snow in fall."

Bloomberg News reported last week that, "Tang Jie, who works on a pig farm, says he used to get pork from the wet market near his home every day. But he hasn’t bought any in two months. And his favorite…

Late last month, Des Moines Register writer Donnelle Eller reported that, "Rain has slowed the harvest across the state in recent days. National Weather Service data for Des Moines showed that central Iowa on [October 23rd] matched the October rainfall record…

Last week, the USDA's Economic Research Service (ERS) released a report discussing the USDA's baseline, while the USDA's Office of the Chief Economist (OCE) released selected tables from the Department's Agricultural Projections to 2029. Today’s update highlights aspects from both the…

In an update last week from the Federal Reserve Bank of Kansas City ("Farm Lending Slows but Remains High") Cortney Cowley and Ty Kreitman stated that, "Growth in farm lending activity slowed in the third quarter of 2019;" but, "Despite a…

On Wednesday, the Federal Reserve Board released its October 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.

Late last week, Bloomberg writers Brian K Sullivan and Ashley Robinson reported that, "A large snowfall is set to sweep out of the Rocky Mountains later this week, bringing snow by the foot across the Dakotas, slowing wheat harvests and…

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.