Ag Economy: Federal Reserve Observations from May – Beige Book Jun 11, 2021

🕔Jun 11, 2021
On Wednesday, the Federal Reserve Board released its May 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]

Ag Economy: Farmer Sentiment Declines Sharply, Remains Bullish on Farmland Values – Ag Barometer Jun 3, 2021

🕔Jun 3, 2021
The Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both the Index of Current Conditions and the Index […]

Federal Reserve Ag Credit Surveys- 2021 1st Quarter Farm Economy Conditions May 17, 2021

🕔May 17, 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 first quarter of 2021. Federal Reserve Bank of […]

Farmers Concerned About Possible Changes in Estate Tax Policy – Ag Barometer May 4, 2021

🕔May 4, 2021
The April reading of the Ag Economy Barometer was 178, virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, […]

Corn, Soybean Price Increases Boost Farm Income, Upend Global Trade Flows May 3, 2021

🕔May 3, 2021
Reuters writer Tom Polansek reported last week that, “A surge to eight-year highs in U.S. corn and soybean prices is boosting farmers’ incomes and their demand for land, tractors and tools. It is a turnaround for the agricultural […]

Ag Economy: Reduced Demand for Farm Loans in 1st Quarter Apr 27, 2021

🕔Apr 27, 2021
In an update earlier this month from the Federal Reserve Bank of Kansas City (“Farm Lending Remains Muted in Early 2021“), Nathan Kauffman and Ty Kreitman stated that, “Farm loan demand remained muted at […]

Ag Economy: Federal Reserve Observations for April – Beige Book Apr 16, 2021

🕔Apr 16, 2021
On Wednesday, the Federal Reserve Board released its April 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]

Strong Commodity Prices and Improved Financial Conditions – Ag Barometer Apr 6, 2021

🕔Apr 6, 2021
The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. This month’s 12-point rise in the barometer was […]

Ag Economy: Gasoline Sales Lift Ethanol- Corn; Higher Prices Impacting Farmland Values Mar 31, 2021

🕔Mar 31, 2021
Reuters writer Stephanie Kelly reported this week that, “U.S. gasoline sales for 2021 have exceeded prior-year levels for the first time since last March, when officials first started to widely impose […]

Ag Economy: Improvements Strengthens Credit Conditions – Kansas City Fed Mar 25, 2021

🕔Mar 25, 2021
In an update this week from the Federal Reserve Bank of Kansas City (“Farm Lending Pullback Continues“), Cortney Cowley and Ty Kreitman stated that, “Agricultural debt at commercial banks eased further at the end of 2020, and loan […]

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