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Category Archive

Below you'll find a list of all posts that have been categorized as “Economy”

trade hearing

USDA Payments Expected After Labor Day

Dan August 24, 2018Corn, Economy, Industry News Release

The Department of Agriculture (USDA) expects to send payments to farmers after the Labor Day holiday as part of a trade relief package. The $12 billion package is intended for …

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trade relief packageUSDA
agriculture

USDA Expected to Announce Trade Relief Package Friday

Dan August 23, 2018Economy, Industry News Release, Trade

The Department of Agriculture (USDA) is expected to release further details of its trade relief package Friday. The aid package previously announced by Agriculture Secretary Sonny Perdue will provide $12 …

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agriculture tradetrade reliefUSDA
Mental Health

Commodity Prices Have Landowners Searching for Additional Income

Dan August 22, 2018Economy, Industry News Release

Low commodity prices have landowners searching for alternative incomes, according to Farmers National Company. The company says this is especially true as farmers head into harvest of the 2018 crops …

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agriculture economyagriculture incomefarm income
citrus cost

Citrus Study Says Regulation Costs to Increase

Dan August 21, 2018Citrus, Economy, Industry News Release, Water

Citrus Research Board Report Explains Cost Impacts on Growers New regulations are expected to cost California citrus growers an average of $701 per acre per year, or $203 million annually …

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California citruscitrus production costCitrus Research Board (CRB)
rural mainstreet

Rural Mainstreet Index Rises

Dan August 21, 2018Economy, Industry News Release

The Rural Mainstreet Index climbed above growth neutral this month. The monthly survey of bank CEO’s in ten Midwestern states climbed to 54.8 from 53.8 in July. The index ranges …

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agriculture incomerural economyRural Mainstreet Index
survey

Survey: Commodity Prices Impacting Ag Retailers

Dan August 21, 2018Economy, Industry News Release

A recent survey shows agriculture retailers are feeling the burden of fluctuating commodity prices. Low commodity prices and a volatile market stemming from trade concerns are on the minds of …

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agriculture economyagriculture trade
farmers

Ag Lenders Worried About Farmers

Dan August 20, 2018Economy, Industry News Release

Depressed commodity prices, poor weather, and trade war ramifications aren’t just worrying for the nation’s farmers. The second quarter Agriculture Credit Conditions Survey from the Federal Reserve Bank of Minneapolis …

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agriculture economyagriculture loan
trump

Trump: “Farmers Are Doing Well”

Dan August 20, 2018Economy, Industry News Release

President Trump spoke recently during a Cabinet meeting at the White House, saying farmers are starting to prosper. However, a Bloomberg article says the numbers tell a different story. “I …

Read More
agriculture economyPerdue Ag Economy BarometerPresident Donald Trump
Softer sales

Tractor, Combine Sales, Posting Strong Numbers

Dan August 14, 2018Economy, Industry News Release

Overall U.S. sales of tractors and combines continued to post strong numbers, led by combines and four-wheel-drive tractors, according to the July 2018 report from the Association of Equipment Manufacturers. …

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AEMagriculture equipment salescombinetractor
global

Global Food Prices Decline

Dan August 13, 2018Economy, Industry News Release

Global food prices declined in July, according to the Food and Agriculture Organization of the United Nations. The Monthly Food Price Index averaged 168.8 points in July 2018, down 6.5 …

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food pricesUN/FAO
trump

Farm Futures Survey: Farmer Support for Trump Slipping

Dan August 13, 2018Economy, Industry News Release, Trade

A poll by Farm Futures shows support to Donald Trump from farmers is slipping. The survey found that 60 percent of farmers would vote for the president if the election …

Read More
agriculture tradefarm economyPresident Donald Trump
trade

Doud Rips China, India Farm Subsidies

Dan August 9, 2018Economy, Industry News Release, Trade

The Chief Agricultural Negotiator for the U.S. is attacking both China and India for blowing past their World Trade Organization spending limits on farm subsidies that distort trade. “We think …

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agriculture subsidiesagriculture tradeChinaIndia
coata

Costa on Tariffs Hurting the San Joaquin Valley

Dan August 8, 2018Economy, Industry News Release, Trade

Valley Congressman Jim Costa (CA-16) issued the following statement in response to the retaliatory tariffs China implemented, thus continuing the escalation of the trade war between China and the United …

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agriculture tariffsChina tariffsjim Costa
july

Producer Sentiment Plummets in July

Dan August 8, 2018Economy, Industry News Release, Trade

Concerns over agricultural trade weighed heavily on producers’ current and future expectations of the agricultural economy. As a result, the Purdue/CME Group Ag Economy Barometer tumbled in July, dropping 26 …

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agriculture economyagriculture tradePerdue/CME Ag Economy Barometer
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