agricultural economy

Bloomberg writers Kim Chipman and Breanna T Bradham reported on Thursday that, "Corn extended its ascent to the highest in almost eight years, leading a rally in crop futures on…

On Wednesday, the Federal Reserve Board released its April 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining…

Last week, Politico writers Zack Colman, Liz Crampton and Helena Bottemiller Evich reported that, "The Biden administration's ambitious plan to create a multibillion-dollar bank to help pay farmers to capture…

In an update this week from the Federal Reserve Bank of Kansas City ("Farm Lending Pullback Continues"), Cortney Cowley and Ty Kreitman stated that, "Agricultural debt at commercial banks eased further…

A news release on Friday from the University of Missouri indicated that, "Farm income could decline in 2021, in spite of large increases in the value of crop and livestock…

On Thursday, the Senate Agriculture Committee held a policy hearing on climate change issues ("Farmers and Foresters: Opportunities to Lead in Tackling Climate Change").

Late last month, Bloomberg News reported that, "China’s farm ministry is touting a complete recovery in pig numbers from the ravages of African swine fever by the middle of the…

Late last week, Bloomberg writers Megan Durisin and Agnieszka de Sousa reported that, "The surge in food prices that’s eating into consumer budgets and hitting some of the poorest nations…

On Wednesday, the Federal Reserve Board released its February 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

The USDA's National Agricultural Statistics Service (NASS) released several reports over the past few weeks that provide helpful insight into segments of the U.S. agricultural economy and farm sector.  Today's…

Writing on the front page of Saturday's Des Moines Register, Donnelle Eller reported that, "U.S. and Iowa farmers need new sources of income, and the work producers need to do to…

Reuters writer Tom Polansek reported on Tuesday that, "The U.S. Senate on Tuesday confirmed Tom Vilsack to head the Department of Agriculture, returning the former Iowa governor to the job…

Speaking on Thursday at USDA’s virtual Agricultural Outlook Forum, USDA Chief Economist Seth Meyer provided a broad outlook for U.S. agriculture.  Today’s update provides an overview of key aspects of Dr.…

Wall Street Journal writer Jacob Bunge reported on Thursday that, "Brutal winter weather continued to batter the U.S. agriculture industry, as companies and farmers contended with snow, ice and cold…

On Tuesday, the U.S. Department of Agriculture released its 10-year projections for the food and agricultural sector.

Last week, the Federal Reserve Banks of Chicago, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2020.

The USDA’s Economic Research Service (ERS) indicated on Friday that, “Net farm income, a broad measure of profits, is forecast to decrease $9.8 billion (8.1 percent) from 2020 to $111.4…

On Tuesday, the Senate Agriculture Committee held a confirmation hearing for Secretary of Agriculture nominee Tom Vilsack.

A recent report from the Federal Reserve Bank of Kansas City ("Ag Lending Update: Fewer New Loans to Farmers," by Ty Kreitman and Cortney Cowley) stated that, "Lending activity at commercial…

Jesse Newman reported on the front page of Saturday's Wall Street Journal that, "A crop glut that battered American farmers is subsiding, fueling an unexpected recovery in the U.S. Farm…