Midwest Farm Income: How Has COVID-19 Impacted the 2020 Outlook? Mar 25, 2020

🕔Mar 25, 2020
COVID-19 has reduced grain farm income outlook for 2020. Expected revenue from remaining old crop sales and projected revenue for 2020 are reduced. Somewhat mitigating these reductions are potentially higher […]

Stronger Farmland Values Support Farm Economy Feb 18, 2020

🕔Feb 18, 2020
Strength in farm real estate markets provided support to the agricultural sector amid ongoing financial challenges. According to the Tenth District Survey of Agricultural Credit Conditions, nonirrigated cropland values and […]

USDA Updates 2020 Farm Sector Income Forecast Feb 11, 2020

🕔Feb 11, 2020
The USDA’s Economic Research Service (ERS) indicated on Wednesday that, “Net cash farm income is forecast to decrease $10.9 billion (9.0 percent) to $109.6 billion in 2020, relative to the 2019 forecast. Net farm income, a broader measure of […]

Webinar: Farm Income, Financial Forecasts – Feb. 5 Jan 28, 2020

🕔Jan 28, 2020
USDA’s Economic Research Service (ERS) releases Farm income statement and balance sheet estimates and forecasts three times a year, typically in February, August and November. These core statistical indicators provide guidance […]

Illinois: 2020 Farm Income Projections Not Exactly Rosy Jan 2, 2020

🕔Jan 2, 2020
Editor’s Note: This is a presentation summary from the 2019 Illinois Farm Economics Summit (IFES) which occurred December 16-20, 2019. A complete collection of presentations including PowerPoint Slides (PPT) and […]

Texas: 58th Blackland Income Growth Conference, Waco, Jan. 14 Dec 13, 2019

🕔Dec 13, 2019
The Blackland region’s most comprehensive agricultural and food production conference is scheduled for Jan. 14 at the Waco Convention Center, 100 Washington Ave. The event is sponsored by the Texas […]

Trade Aid: How Does the MFP Compare to Past Farm Programs? Dec 6, 2019

🕔Dec 6, 2019
As discussed previously, the Market Facilitation Program (MFP) created by the Trump Administration in response to the tariff conflict it initiated is arguably an unprecedented effort and may signal a […]

Farm Income Support: Between a Rock and Hard Place – Commentary Dec 4, 2019

🕔Dec 4, 2019
When talking about the seriousness of the downturn in the farm economy since the 2013 peak, most analysts use the USDA’s calculation of net farm income (NFI) (here) as the […]

2019 Farm Sector Income Forecast Updated for Nov. Dec 3, 2019

🕔Dec 3, 2019
The USDA’s Economic Research Service (ERS) indicated on Wednesday that, “Net farm income, a broad measure of profits, is forecast to increase $8.5 billion (10.2 percent) from 2018 to $92.5 billion in 2019. […]

What Farmers Need – Commentary Nov 27, 2019

🕔Nov 27, 2019
With increases in the number of farm bankruptcy proceedings and suicides among farmers it seems like we have been transported back to the 1980s and the farm crisis. It wasn’t […]

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