Ag Economy: Land Values and Farm Income Considerations
Today's update looks briefly at recent reports from the Federal Reserve Bank of Dallas and the University of Nebraska at Lincoln that shed light on trends in farmland values. Also,…
Corn Belt Farmers Uneasy Over Potential Policy Impacts
Donnelle Eller reported on the front page of Tuesday's Des Moines Register that, "Iowa farmers, battling too much rain, cold — and even snow — this planting season, have a new…
Federal Reserve: Observations on the Ag Economy- May ’18
On Wednesday, the Federal Reserve Board released its May 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
As House Considers Farm Bill, Lower Farm Income Persists, While Drought Impacts Southern Plains
As the House of Representatives works on passing its version of the Farm Bill this week, a report yesterday from the Kansas City Fed noted that, "bankers in the Tenth…
Federal Reserve Ag Credit Surveys- 2018 First Quarter Farm Economy Conditions in the Midwest
On Thursday, the Federal Reserve Banks of Chicago and St. Louis released updates regarding farm income, farmland values and agricultural credit conditions from the first quarter of 2018. Recall that the…
Interest Rates on Farm Loans Increase, Pressure on Some Farm Operators Could Follow
Late last month, Bloomberg writer Alan Bjerga reported that, "American farmers have managed to stay afloat despite years of shrinking crop values, the lowest incomes since the recession and a…
Federal Reserve: Observations on the Ag Economy- April ’18
On Wednesday, the Federal Reserve Board released its April 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
Farm Economy: Land Values, Ag Credit, Lending, and Income
On Monday, the Federal Reserve Bank of Dallas released its quarterly Agricultural Credit Survey. Also on Monday, the American Bankers Association highlighted several 2017 farm lending variables in its annual Farm…
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…