Illinois Grain Farm Incomes in 2020 Jul 15, 2020

🕔Jul 15, 2020
We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID-19, 2020 net incomes were expected to be low without a turnaround in exports, […]

Alabama: Assessment of COVID-19 Impacts on Agriculture Jul 14, 2020

🕔Jul 14, 2020
The value of agriculture in Alabama is a significant component of the economy. In 2018, the USDA reported farm gate commodity sales totaled $5.8 billion. Livestock, poultry, and aquaculture make up […]

Illinois Grain Farms: How Did Prevented Planting Affect Income in 2019? Jul 8, 2020

🕔Jul 8, 2020
In 2019, many farmers in Illinois had prevented plant (PP) acres, acres that couldn’t be planted due to excessive moisture throughout the planting season. Previous analyses indicated that taking PP […]

Farmer Sentiment Rebounds Amidst Ongoing COVID-19 Concerns – Ag Barometer Jul 7, 2020

🕔Jul 7, 2020
Farmer sentiment improved again in June as the Purdue University-CME Group Ag Economy Barometer rose 14 points to a reading of 117. The barometer’s rise was fueled by improvements in both the Index […]

Iowa Farm Business: Liquidity Remains a Concern Jun 29, 2020

🕔Jun 29, 2020
Despite a higher average income in 2019, Iowa’s mid- to large-size farms actually saw a considerable decrease in farm liquidity and working capital over the past year. Data from the […]

Govt. Programs Increasingly Important Part of Farm Income Jun 15, 2020

🕔Jun 15, 2020
DTN Ag Policy Editor Chris Clayton reported last week that, “The American Farm Bureau Federation on Wednesday sent a detailed list of recommendations to Congress to help farmers, stating that even though lawmakers had provided […]

COVID-19 Impacts on Livestock Markets Persist; Fed Says Ag Sector “Under Severe Stress” May 26, 2020

🕔May 26, 2020
Recent news articles continue to highlight the ripple effects COVID-19 is having on some aspects of the U.S. livestock market.  Meanwhile, the minutes from the Fed’s April meeting noted that, “The agricultural […]

Coronavirus Aid: The Paycheck Protection Program – UPDATE Apr 16, 2020

🕔Apr 16, 2020
Update to the Original Release A supplemental Interim Final Rule (IFR) for the Paycheck Protection Program (PPP) was recently released that provides clarity to some of questions raised at the […]

Farm Finances: Contingency Planning with Cash Flow Shortages Apr 6, 2020

🕔Apr 6, 2020
A contingency plan is a course of action designed to help a business determine how to respond to possible future events.  Contingency plans are often referred to as “Plan B”.  […]

Agriculture Faces Financial Pounding from Multiple Sources Apr 3, 2020

🕔Apr 3, 2020
With the appearance of COVID-19 earlier this winter, we believe that US agriculture has found itself in a multi-crisis situation. We are facing the development of a farm financial crisis, […]

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