agricultural economy

Today’s update looks briefly at how relatively steady farmland values are impacting farm financial variables, and then discusses recent developments relating to farmland values in Illinois, Iowa and Nebraska.

On Wednesday, the U.S. Department of Agriculture released its 10-year projections for the food and agricultural sector.  The report noted that, "Over the next several years, the agricultural sector will continue…

On Wednesday, the Federal Reserve Board released its February 2019 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 $6.3 billion (10.0 percent) from 2018 to $69.4 billion…

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…

Speaking on Thursday at USDA’s Agricultural Outlook Forum in Arlington, Virginia, USDA Chief Economist Robert C. Johansson provided a broad outlook for U.S. agriculture.  Today’s update provides an overview of…

Last week, the Federal Reserve Banks of Chicago, St. Louis, Kansas City, and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2018. Today’s…

On Thursday, the U.S. Department of Agriculture released the complete set of tables prepared for the upcoming USDA Agricultural Projections to 2028 report, which is scheduled to be released on March…

Earlier this week, the U.S. Department of Agriculture's Economic Research Service (ERS) published a report that looked at trends in the development of drought-tolerant corn in the United States.  Today's…

The U.S. Department of Agriculture's Economic Research Service (ERS) recently released its annual brochure exploring characteristics of America's farms.  Today's update highlights a few of the key findings from the ERS…

CoBank recently released a report that explored a variety of issues that will impact the U.S. agricultural economy in 2019.  Meanwhile, recent news items have discussed issues associated with farm…

Recent updates from Purdue University, the University of Illinois, and Iowa State University provide a snapshot of variables impacting the U.S. agricultural economy in 2019.  Today's update looks briefly at…

Nathan Kauffman and Ty Kreitman indicated in a recent update from the Federal Reserve Bank of Kansas City ("As Rates Tick Up, Growth in Operating Loans Boosts Farm Lending") that,…

On Wednesday, the Federal Reserve Board released its January 2019 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

An update this week from the Federal Reserve Bank of Dallas, as well as a short paper last month from the Federal Reserve Bank of Minneapolis, provide insight into portions…

A news release Wednesday from the Center for Agricultural and Rural Development at Iowa State University and Iowa State University Extension and Outreach indicated that, "After a reprieve in 2017,…

On Wednesday, the Federal Reserve Board released its December 2018 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 Friday that, "Net farm income, a broad measure of profits, is forecast to decrease $9.1 billion (12.1 percent) from 2017 to $66.3 billion…

In addition to the melancholy agricultural outlook contained in recent Federal Reserve District agricultural surveys, an update last week from the Federal Reserve Bank of Minneapolis pointed to troubling data…