agricultural economy

Reuters writer Mark Weinraub reported late last week that, "U.S. corn and soybean supplies will be smaller than previously forecast, as adverse weather reduced the acreage that farmers will harvest,…

In an update late last month at the USDA blog, Robert Johansson, the Department's Chief Economist, highlighted how the COVID-19 pandemic was adversely impacting the American farm economy.

Soybean planting, which promises to set a new record in Brazil, is underway in the Paraná, Mato Grosso do Sul, and Mato Grosso regions of the country.

The price of food has increased significantly in Brazil. The Broad Consumer Price Index (IPCA) rose 2.44% in 12 months, while food inflation rose 8.83%.  More specifically, the price of…

On Wednesday, the Federal Reserve Board released its August 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

The USDA’s Economic Research Service (ERS) indicated on Wednesday that, "Net farm income, a broad measure of profits, is forecast to increase $19 billion (22.7 percent) from 2019 to $102.7…

Bloomberg writers Michael Hirtzer, Dominic Carey, and Kim Chipman reported last week that, "The corn crop in the U.S. Midwest deteriorated the most in 8 years with hot weather adding…

The Pantanal, the largest continental humid area on the planet, is facing the greatest environmental tragedy in decades.

Wall Street Journal writer Kirk Maltais reported on Saturday that, "Following a growing season last year filled with battering rainfall and bitter trade wars, U.S. farmers hoped 2020 would provide…

On Thursday, the Federal Reserve Banks of Chicago and Kansas City released updates regarding farm income, farmland values and agricultural credit conditions from the second quarter of 2020.

Reuters writer Tom Polansek reported on Friday that, "A storm packing hurricane-force winds on Monday impacted 37.7 million acres of farmland across the Midwest, including 14 million in Iowa, the…

Wall Street Journal writer Jesse Newman reported last week that, "More U.S. farmers are filing for bankruptcy, as federal payments projected to reach record levels this year fall short of…

An unprecedented survey carried out by the Brazilian Agricultural Research Corporation (Embrapa) reveals the behavior around the use of digital solutions in the field in Brazil during of the Covid-19…

The Argentine Ministry of Agriculture recently decreed a state of agricultural emergency after receiving an alert for a new locust cloud.  Currently, there are four monitored regions: Formosa, Chaco, Salta…

In an update last week from the Federal Reserve Bank of Kansas City ("Agricultural Lending Consistently Slower"), Nathan Kauffman and Ty Kreitman stated that, "Agricultural financing activity slowed in the second quarter, according…

A study published in the magazine Science caused a strong reaction from the Brazilian government last week. The publication shows that at least 17% of the meat and 20% of soybeans from…

On Wednesday, the Federal Reserve Board released its July 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

Last week, the Federal Reserve Bank of Dallas released its Agricultural Survey.  In part, the quarterly report stated that, "Bankers responding to the second-quarter survey reported overall weaker conditions across…

Last week, the advance of a locust cloud put the Brazil and Argentine authorities on alert. According to a bulletin released by the National Service for Health and Agrifood Quality…

On Wednesday, the Senate Agriculture Committee held a Legislative Hearing to Review S. 3894, The Growing Climate Solutions Act of 2020.