Ag Economy: Farmland Values; and Off-Farm Income
Today's update looks briefly at recent news items that highlight current information on farmland values. In addition, key parts of a recent Wall Street Journal article that focused on the…
FAPRI Baseline: Farmers Still Caught in Economic Squeeze
A news release last week from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri indicated that, “The latest analysis of national and global agricultural trends from…
Federal Reserve: Observations on the Ag Economy- February ’18
On Wednesday, the Federal Reserve Board released its February 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
Agricultural Economy: Land Values, Value of Production, and Number of Farms
Today's update looks briefly at recent publications from the Federal Reserve Bank of Minneapolis, and the USDA's National Agricultural Statistics Service. These reports give additional insight into the state of…
USDA-ERS Report: Farmland Values, 2000-2016
Today's update looks briefly at farmland values in the United States, with a specific focus on a recent report from USDA's Economic Research Service (ERS) that examined farmland values from…
The 2018 Outlook for U.S. Agriculture From USDA’s Chief Economist
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…
Federal Reserve Ag Credit Surveys- 2017 Fourth Quarter Farm Economy Conditions in the Midwest
On Thursday, the Federal Reserve Banks of Chicago and Kansas City each released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2017. The…
USDA Releases 10-Year Agricultural Projections- Focus on Corn, Soybeans
On Thursday, 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 continues to…
2018 U.S. Farm Income Forecast Released
The U.S. Department of Agriculture's Economic Research Service (ERS) indicated on Wednesday that, "Net farm income, a broad measure of profits, is forecast to decrease $4.3 billion (6.7 percent) to…
House Ag Committee Hearing with Sec. Perdue: Trade Issues
Secretary of Agriculture Sonny Perdue testified before the House Agriculture Committee on Tuesday morning at a hearing on the “State of the Rural Economy.” Recall that back in May, shortly after…
Kansas City Fed: Ag Lending and Interest Expenses Increase for Farmers
An update on Friday from the Federal Reserve Bank of Kansas City ("Agricultural Lending Increases, As Do Interest Expenses for Farmers," by Cortney Cowley and John McCoy) stated that, "Lending at agricultural…
Ag Economy: 2018 Outlook from CoBank; and Farmland Values
CoBank recently released a new report that explored a variety of issues that will impact the U.S. rural economy in 2018. In addition, recent newspaper articles have discussed reports relating…
Federal Reserve: Observations on the Ag Economy- January ’18
On Wednesday, the Federal Reserve Board released its January 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
Kansas City Fed Ag Outlook- Robust Corn, Soybean Production Make Exports Increasingly Important
Cortney Cowley, an economist at the Federal Reserve Bank of Kansas City, indicated in an update last week ("As Winter Looms, Key Risks Keep Ag Outlook Cool") that, "Following steep declines…
Federal Reserve Bank of Dallas Ag Credit Survey- Fourth Quarter 2017
Earlier this week, the Federal Reserve Bank of Dallas released its Agricultural Credit Survey for the fourth quarter of 2017. The Fed update indicated that, "Demand for agricultural loans overall…
2018 Purdue University Outlook: Cash Rents, Farmland Values, Corn and Soybean Prices
The Agricultural Economics Department at Purdue University recently released its annual outlook report that contained 12 specific articles looking at various aspects of the U.S. agricultural economy. This post highlights…
Dairy, Livestock, and Trade Issues Highlighted in Recent USDA Reports
In the last few days, USDA's Economic Research Service (ERS) and Foreign Agricultural Service (FAS) have released three separate reports that contain current information relating to dairy sector analysis in…
Recent USDA-ERS Reports: Farm Structure (2017), and Evolving Distribution of Government Farm Payments (1991-2015)
The U.S. Department of Agriculture’s Economic Research Service (ERS) has recently released two separate reports that provide interesting perspective on the structure of U.S. agriculture. The first provides a detailed…
Iowa Farmland Values, and the Corn Belt Economy- “At a Crossroads”
The 2017 Iowa State University Land Value Survey was released on Tuesday, and showed that farmland values climbed 2% this year. The survey was conducted in November by the Center…
Federal Reserve: Observations on the Ag Economy- November ’17
On Wednesday, the Federal Reserve Board released its November 2017 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…