agricultural economy

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

On Wednesday, the USDA’s Economic Research Service (ERS) released its November 2017 Farm Income Forecast.   This follows the August revision of the initial net farm income forecast released by ERS…

An update last week from the Federal Reserve Bank of Minneapolis ("The worst they've ever seen," by Ashwini Sankar) explored some of the lingering impacts of this summer's severe drought…

On Thursday, the Federal Reserve Banks of Chicago, St. Louis and Kansas City each released updates regarding farm income, farmland values and agricultural credit conditions from the third quarter of…

Recent news articles have documented that lower crop prices for commodities such as corn and soybeans have caused some producers to make changes to their traditional crop rotation, or to…