Ag Economy: Feb. Observations from the Federal Reserve Mar 4, 2021

🕔Mar 4, 2021
On Wednesday, the Federal Reserve Board released its February 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining […]

Producers Bullish About Farmland Values Amid Strong Conditions – Ag Barometer Mar 3, 2021

🕔Mar 3, 2021
February’s Ag Economy Barometer reading of 165 changed little compared to January when the index stood at 167. Producers continue to report strong current conditions on their farms as February’s Current Conditions Index value […]

Ag Economy: Recent Insights from NASS Reports Mar 2, 2021

🕔Mar 2, 2021
The USDA’s National Agricultural Statistics Service (NASS) released several reports over the past few weeks that provide helpful insight into segments of the U.S. agricultural economy and farm sector.  Today’s […]

Ag Economy: Where Do We Stand in 2021? Feb 22, 2021

🕔Feb 22, 2021
Speaking on Thursday at USDA’s virtual Agricultural Outlook Forum, USDA Chief Economist Seth Meyer provided a broad outlook for U.S. agriculture.  Today’s update provides an overview of key aspects of Dr. Meyer’s presentation. […]

Corn, Soybeans: USDA Ag Projections to 2030 Feb 17, 2021

🕔Feb 17, 2021
On Tuesday, the U.S. Department of Agriculture released its 10-year projections for the food and agricultural sector. Background The baseline update explained that, “The projections, colloquially referred to as the baseline projections, were […]

Ag Economy: 4th Quarter Federal Reserve Ag Credit Surveys Feb 16, 2021

🕔Feb 16, 2021
Last week, the Federal Reserve Banks of Chicago, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2020. Federal Reserve Bank of […]

Farmland Values Strengthen According to Federal Reserve – DTN Feb 16, 2021

🕔Feb 16, 2021
Federal Reserve system banks — covering a swath of the country stretching from Montana to Indiana — report strengthening land values and improving credit conditions, although the Kansas City and […]

Farmers Concerned About Future Despite Strong Economic Conditions – Ag Barometer Feb 2, 2021

🕔Feb 2, 2021
The Ag Economy Barometer drifted lower in January to a reading of 167, a decline of 7 points compared to December and equal to the index’s November reading. The Index of Current Conditions in […]

Kansas City Fed: “Pullback” in New Farm Loans Continues Feb 2, 2021

🕔Feb 2, 2021
A recent report from the Federal Reserve Bank of Kansas City (“Ag Lending Update: Fewer New Loans to Farmers,” by Ty Kreitman and Cortney Cowley) stated that, “Lending activity at commercial banks continued to slow in […]

Big Issues Facing Farming in 2021 – DTN Jan 15, 2021

🕔Jan 15, 2021
Farm labor, broadband and infrastructure, climate change and sustainability, and ensuring diversity in agriculture were among the biggest issues the president of the American Farm Bureau Federation and the CEO […]

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