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Tag "ag economy"

Kansas City Fed: Robust Corn, Soybean Production Make Exports Increasingly Important

Kansas City Fed: Robust Corn, Soybean Production Make Exports Increasingly Important

👤By Keith Good, Farm Policy News 🕔Jan 17, 2018

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 for three consecutive years, farm income was expected to stabilize in 2017 and

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Federal Reserve: Farm Income Stabilizing but Trade Questions Remain

Federal Reserve: Farm Income Stabilizing but Trade Questions Remain

👤By Cortney Cowley, Federal Reserve Bank of Kansas City Economist 🕔Jan 11, 2018

The outlook for agriculture remains downbeat but is beginning to show signs of stabilization. Despite aggregate measures of farm income being significantly lower than in previous years, the farm income forecast for 2017 was relatively unchanged from the 2016 estimate.

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Farm Policy: Trump Delivers Remarks to Farm Bureau Members

Farm Policy: Trump Delivers Remarks to Farm Bureau Members

👤By Keith Good, Farm Policy News 🕔Jan 9, 2018

President Donald Trump addressed the American Farm Bureau Federation’s (AFBF) 99th Annual Convention in Nashville, Tennessee on Monday.  The President touched on a variety of issues, including tax reform, regulations, rural broadband, the Farm Bill, crop insurance, and trade.   This post

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Ag Economy Barometer: Increasing Pessimism Drives Producer Sentiment Lower

Ag Economy Barometer: Increasing Pessimism Drives Producer Sentiment Lower

👤By James Mintert, David Widmar, and Michael Langemeier, Purdue University Ag Economists 🕔Jan 9, 2018

The Purdue/CME Group Ag Economy Barometer drifted lower to a reading of 126 in December, the second month in a row that the barometer has declined. The Ag Economy Barometer is based on monthly survey responses provided by 400 agricultural

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Fed Reserve Bank of Dallas: Crop Loans Down; Renewals and Extensions Up

Fed Reserve Bank of Dallas: Crop Loans Down; Renewals and Extensions Up

👤By Keith Good, Farm Policy News 🕔Jan 5, 2018

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, “Bankers responding to the fourth quarter survey noted conditions had turned dry again across a number of regions.

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Indiana: Purdue Sets Free Webinar On Dealing With Current Ag Economy

Indiana: Purdue Sets Free Webinar On Dealing With Current Ag Economy

👤From a press release 🕔Jan 3, 2018

Purdue University’s Center for Commercial Agriculture will hold a free webinar – Ag Business Climate – Outlook for 2018 – on Friday, January 5 at 9 a.m. (EST). A number of Purdue agricultural economics faculty members will dicuss key factors

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Iowa Farmland Values, and the Corn Belt Economy – ‘At a Crossroads’

Iowa Farmland Values, and the Corn Belt Economy – ‘At a Crossroads’

👤By Keith Good, Farm Policy News 🕔Dec 13, 2017

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 for Agricultural and Rural Development at Iowa State University and

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Ag Economy Barometer: Post-Harvest Slump in Producer Sentiment

Ag Economy Barometer: Post-Harvest Slump in Producer Sentiment

👤By James Mintert, David Widmar, and Michael Langemeier, Purdue University Ag Economists 🕔Dec 5, 2017

The Purdue/CME Group Ag Economy Barometer dropped 7 points in November, signaling a slump in U.S. agricultural producers’ confidence compared to a month earlier. At a reading of 128, the measure of producer optimism in November was the second weakest

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USDA: Farm Income Forecast – Most Row Crop Receipts Decline, But Profits Stable

USDA: Farm Income Forecast – Most Row Crop Receipts Decline, But Profits Stable

👤From USDA 🕔Nov 30, 2017

After 3 consecutive years of decline, farm sector profits are forecast to be relatively stable in 2017. Net farm income, a broader measure of profits, is forecast to increase $1.7 billion (2.7 percent) from 2016 to $63.2 billion in 2017

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Farm Income Declines in 3rd Quarter, Bankers More Optimistic for 4th – St. Louis Fed

Farm Income Declines in 3rd Quarter, Bankers More Optimistic for 4th – St. Louis Fed

👤From the Federal Reserve Bank of St. Louis 🕔Nov 14, 2017

According to the latest survey of agricultural bankers in the Eighth Federal Reserve District, farm income declined during the third quarter of 2017 compared with a year earlier. Bankers were modestly more optimistic when asked about the prospects for farm

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