Wheat: Heat Wave Impacting Outlook, Prices
Last week, Financial Times writer Emiko Terazono reported that, "The wheat market is feeling the heat, with key global producers sweating over a drought that has curbed output. After several…
USDA-NASS Updates Provide Snapshot of Farm Economy Variables
On Thursday, USDA’s National Agricultural Statistics Service (NASS) released three updates that provide current insight into the state of the U.S. agricultural economy. The releases focused on land values, cash…
Secretary Perdue Discusses Trade Aid, while Trade Talks with China Show Little Progress
Reuters writer Hugh Bronstein reported on Saturday that, "U.S. farmers could receive cash payments from a planned $12 billion aid package as soon as late September, U.S. Agriculture Secretary Sonny Perdue…
Kansas City Fed Examines Second Quarter Farm Lending
An update on Friday from the Federal Reserve Bank of Kansas City ("Large Loans for Livestock Drive Uptick in Farm Lending,” by Cortney Cowley and Ty Kreitman) stated that, "Farm…
Federal Reserve: Observations on the Ag Economy- July 2018
On Wednesday, the Federal Reserve Board released its July 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
Summary of ERS Report on International Food Security
Late last month, the U.S. Department of Agriculture's Economic Research Service (ERS) released its latest report (“International Food Security Assessment, 2018-2028) in a continuous series of updates begun in the…
Producers Express Concern in the Midst of Price Turmoil, While ERS Looks at Farm Sector Financial Health
Financial Times writer Gregory Meyer reported on Monday that, "US soyabean futures have tumbled to the lowest price in nine years as the market succumbs to healthy growing conditions and…
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…