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Category Archive

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

letter

Agriculture Reacts to House Tax Reform Proposal

Dan November 3, 2017Economy, Industry News Release

The House Ways and Means Committee tax overhaul plan released Thursday provides a blueprint for tax reform. The plan is essentially a set of promotional documents, with many details unaccounted …

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tax breakstax proposaltax reform
farm bureau

Farmers Applaud Move to Reform Tax Code

Dan November 2, 2017Economy, Industry News Release

The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “Farm Bureau applauds Congress for its progress in reforming the tax code. This new tax plan moves …

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AFBFAFBF President Zippy DuvallTax Code
agriculture

Farm Profitability Still Down, But Improving

Dan November 1, 2017Economy, Industry News Release

A new survey of bankers shows 82 percent of agricultural lenders reported a decline in farm profitability in the last 12 months. However, the pace of the decline has slowed. …

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American Bankers Associationfarm profitabilityFarmer Mac
tax plan

One Step Closer to Tax Cuts?

Dan October 30, 2017Economy, Industry News Release

National Hog Farmer says the fiscal year 2018 budget proposed by Republicans and passed by Congress is a step forward toward possible tax cuts. Republicans will be able to use a …

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tax cutstax legislationtaxes
federal reserve

Report: Farm Lending Stabilizing

Dan October 23, 2017Economy, Funding, Industry News Release

The Kansas City Federal Reserve Bank reports farm lending has stabilized, but risks remain. The Federal Reserve’s Agricultural Finance Databook shows risks in the sector have remained alongside a persistently …

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agriculture economyfarm loan
rural mainstreet

Rural Mainstreet Index Fears Farm Foreclosure Threat to Banks

Dan October 20, 2017Economy, Industry News Release

The Creighton University Rural Mainstreet Index is still below growth-neutral, which it has been for some time. The index jumped six points from September to October, but low crop prices …

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economyfarm foreclosuresRural Mainstreet Index
perdue

Perdue on President Trump’s Tax Reform Agenda

Dan October 12, 2017Economy, Industry News Release

U.S. Secretary of Agriculture Sonny Perdue expressed strong support for the tax reform agenda championed by President Donald J. Trump, hailing it as a great benefit to American agricultural producers. …

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Agriculture Secretary Sonny PerduePresident Donald J. Trumptax reform
food price index

Food Price Index Increases

Dan October 9, 2017Economy, Industry News Release

Global food prices made a mild move upward last month, according to the Food and Agriculture Organization of the United Nations. The monthly FAO Food Price Index averaged 178.4 points …

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commodity pricesFAOfood price index
economy

Ag Economy Expectations Sliding

Dan October 4, 2017Economy, Industry News Release

Future expectations for the agriculture economy turned lower in the latest monthly Ag Economy Barometer by CME Group and Purdue University. Released Tuesday, the September reading of 132 was unchanged …

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Ag Economy BarometerPerdue University
farmers

Perdue Statement on President Trump’s Tax Reform Agenda

Dan September 27, 2017Economy, Industry News Release

Secretary of Agriculture Sonny Perdue applauded President Donald J. Trump’s vision of a broad reform of the American tax code, which will result in dramatic tax cuts for millions of …

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Agriculture Secretary Sonny Perduetax reform
rural aminstreet

Rural Mainstreet Index Lower

Dan September 25, 2017Economy, Industry News Release

The Rural Mainstreet Index fell to its lowest level of the year last month as farmland prices declined and agriculture equipment sales were dismal. The index, compiled by Nebraska’s Creighton …

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agriculture economyCreighton UniversityRural Mainstreet Index
consumers choice

Agri View: National Support

Dan September 22, 2017Agri View, Economy

Everett Griner talks about animal agriculture supplying significant national support in today’s Agri View. National Support Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Protecting Your Operation from Damaging Fire AntsJuly 11, …

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agriculture economyAnimal Agriculture
agriculture

Farm Income Projected to Increase Slightly

Dan September 7, 2017Economy, Industry News Release

The recent projections of farm income released by USDA’s Economic Research Service in their 2017 Farm Sector Income Forecast suggest that while farm income may have hit rock bottom in …

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AFBFfarm economyfarm income
tax plan

Perdue on President Trump’s Tax Reform Agenda

Dan September 7, 2017Economy, Industry News Release

U.S. Secretary of Agriculture Sonny Perdue reiterated his strong support for President Trump’s tax reform agenda, as the president outlined in North Dakota.  Perdue issued the following statement: “Farming is …

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Agriculture Secretary Sonny Perduetax reform agenda
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