Farm Economy: Land Values, Ag Credit, Lending, and Income

🕔Apr 3, 2018On Monday, the Federal Reserve Bank of Dallas released its quarterly Agricultural Credit Survey.  Also on Monday, the American Bankers Association highlighted several 2017 farm lending variables in its annual Farm […]

U.S. Field Crop Income – Return to Normalcy

🕔Mar 22, 2018The economic state of U.S. crop farming has drawn considerable attention in recent years. This article uses U.S. Department of Agriculture (USDA) cost of production data to compare the ratio […]

Ag Economy: Farmland Values and Off-Farm Income

🕔Mar 20, 2018Today’s update looks briefly at recent news items that highlight current information on farmland values.  In addition, key parts of a recent Wall Street Journal article that focused on the […]

Ag Economy: Farmers Still Caught in Economic Squeeze

🕔Mar 13, 2018A news release last week from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri indicated that, “The latest analysis of national and global agricultural trends from […]

Illinois: Farm Income and Policy Simulator Offers Real-World Economics

🕔Mar 7, 2018With today’s article, the Gardner Agriculture Policy Program introduces a comprehensive tool for farm income, economics and policy analysis (farmdoc daily, January 27, 2017). The Gardner Farm Income and Policy Simulator […]

Farm Income: Will It Really Drop to a 12-Year Low in 2018?

🕔Feb 22, 2018On February 7, USDA’s Economic Research Service (ERS) released their initial 2018 farm income forecasts. ERS forecasts a number of farm financial measures. The two most commonly reported measures are net […]

2018 U.S. Farm Income Forecast – Net Farm Income Lowest Since 2006

🕔Feb 8, 2018The U.S. Department of Agriculture’s Economic Research Service (ERS) indicated on Wednesday that, “Net farm income, a broad measure of profits, is forecast to decrease $4.3 billion (6.7 percent) to $59.5 billion in 2018, […]

Illinois Farm Income: What’s Needed to Break Even in 2018?

🕔Jan 31, 2018Listen to MP3 podcast Current fall delivery bids are near $3.60 per bushel for corn and $9.60 per bushel for soybeans. At those prices, high yields are needed for farmers […]

Nebraska: Financial Stress – 32.2% of Farmers Surveyed Plan to Find Off-Farm Income

🕔Jan 29, 2018Significant financial changes have been underway in the U.S. agricultural system. After a decade of increases in crop and livestock prices mirrored by corresponding increases in expenses, prices began declining […]

Federal Reserve: Farm Income Stabilizing but Trade Questions Remain

🕔Jan 11, 2018The 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 […]

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