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Tag "farm income"

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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Kansas: How Numbers Stack Up When Estimating Net Farm Income Goal

Kansas: How Numbers Stack Up When Estimating Net Farm Income Goal

👤By Jordan Steele, Economist, Kansas Farm Management Association, Northwest 🕔Dec 20, 2017

How much profit do we need to keep the farm going? There are many factors to consider when approaching a question of this magnitude: How big does the farm need to be? What are the returns to the farm. What

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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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USDA: Small Uptick in Farm Income – DTN

USDA: Small Uptick in Farm Income – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Dec 1, 2017

 Cash receipts in the livestock sector are forecast to grow 7.6% for all of 2017 while receipts for crop producers are projected to fall 2%, according to USDA’s latest farm income forecast released Wednesday. Overall, net farm income is stabilizing

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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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USDA’s Nov. Farm Income Forecast is a Good Predictor for 2017

USDA’s Nov. Farm Income Forecast is a Good Predictor for 2017

👤By Todd Kuethe and Todd Hubbs, University of Illinois Ag Economists; and Dwight Sanders, Southern Illinois University Ag Economist 🕔Nov 30, 2017

On November 29, 2017, the USDA’s Economic Research Service released an updated projection of 2017 net farm income. The forecast of $63.2 billion is $200 million (0.3%) lower than the forecast released in August. The updated forecast suggests that net

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Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 22, 2017

Average net income on Illinois grain farms is forecast at around $60,000 per farm in 2017. This forecast is for a composite of grain farms enrolled in Illinois Farm Business Farm Management (FBFM). In 2016, these farms had an average

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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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Farm Income: Slowly Decreasing but Appearing to Stabilize – Kansas City Fed

Farm Income: Slowly Decreasing but Appearing to Stabilize – Kansas City Fed

👤By Nathan Kauffman and Matt Clark, Federal Reserve Bank of Kansas City 🕔Nov 10, 2017

The farm economy in the Tenth District continued to show signs of stabilizing in the third quarter of 2017, even as financial stress continued to build and income continued to decline. Although farm income was down from a year ago,

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Farm Finances: When Creating 2018 Budgets, Keep In Mind Family Living Costs

Farm Finances: When Creating 2018 Budgets, Keep In Mind Family Living Costs

👤By Brandy Krapf, Dwight Raab, Bradley Zwilling, and Bailey Fletcher, University of Illinois Ag Economists 🕔Oct 23, 2017

In 2016, the total noncapital living expenses of 1,333 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) average was $76,916–or $6,410 a month for each family. This average was 2.1 percent lower than in 2015. Another

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