The Purdue University-CME Group Ag Economy Barometer turned higher for January, showing some optimism among farmers and ranchers. After trending lower in late 2017, the monthly survey of 400 agricultural …
Rural Mainstreet Index Declines
The Creighton University Rural Mainstreet Index declined slightly in January from December’s weak reading, remaining below growth neutral. However, organizers say the monthly survey of rural bank CEO’s in the …
Farmers National Company Reports Increase in Land Listings, Price
While research suggests that there has been less farm and ranch land for sale than usual over the past few years, Farmers National Company is reporting a 50 percent increase …
Ag Lending and Interest Expense Increasing for Farmers
Farm lending at commercial banks increased during the fourth quarter of last year. Demand for all types of loans, except for farm machinery and livestock, increased significantly over 2016. Operating …
Agri View: Food Dollars
Everett Griner talks about what we actually are getting for our food dollars in today’s Agri View. You know the major concern of today’s food shopper is price. Quality is …
Millennials Spend Less Per-Person on Groceries
Recent data released by the Department of Agriculture shows that millennials are spending less per-person at the grocery store. A recent analysis by USDA’s Economic Research Service of 2014 grocery …
CoBank: Expect more Farm Bankruptcies in 2018
A recent report by CoBank expects the farm economy to tighten again in 2018, and experts say that will lead to more farmers filing Chapter 12 bankruptcy. DTN-The Progressive Farmer …
USDA Announces a Near-Record Year for Farm Loans
Infusing Rural Communities with Stronger Businesses and Sounder Agricultural Economies The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced another year of high activity in its farm loan …
Congress Fixing Farm Co-op Tax Change
A provision in the overhaul of the U.S. tax code had some unintended negative side effects on certain agribusinesses across the country. The provision gives producers a chance to cut …
USDA Sending Extra Financial Help to Farmers in Seven States
The U.S. Department of Agriculture will start sending additional money to row crop farmers in 14 counties throughout seven states who are enrolled in the Agriculture Risk Coverage program. The …
2017 Farm Equipment Sales Up
Sales of farm tractors and combines increased in 2017, up five percent and four percent, respectively. The Association of Equipment Manufacturers latest monthly sales report found the sale of all …
Key Risks Keep Ag Outlook Cool
The Kansas City Federal Reserve Bank says the outlook for agriculture remains down, but is beginning to show signs of stabilization. The bank notes that while aggregate measures of farm …
Farmers Are Becoming Less Optimistic About the Future
For the second-straight month, the Purdue University/CME Group Ag Economy Barometer dipped lower, coming in with an index of 126 in December. That number was the lowest since March of …
U.S. Crop Prices Forecast to Remain Stable
U.S. grain prices and demand for grain products will likely not change much, if at all. That forecast comes from Dr. Keith Coble, the Agricultural and Economics Department head at …