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Category Archive

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

grocery

Millennials Spend Less Per-Person on Groceries

Dan January 24, 2018Economy, Industry News Release

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 …

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grocery buyingmillennialsUSDA
cobank

CoBank: Expect more Farm Bankruptcies in 2018

Dan January 24, 2018Economy, Industry News Release

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 …

Read More
Chapter 12creditorsfarm bankruptcy
farm loan

USDA Announces a Near-Record Year for Farm Loans

Dan January 19, 2018Economy, Funding, Industry News Release

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 …

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farm loansUSDA/FSA
section

Congress Fixing Farm Co-op Tax Change

Dan January 16, 2018Economy, Industry News Release

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 …

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agriculture taxesTax Codetaxes
nass

USDA Sending Extra Financial Help to Farmers in Seven States

Dan January 16, 2018Economy, Industry News Release

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 …

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ARC programUSDA/NASS
Softer sales

2017 Farm Equipment Sales Up

Dan January 12, 2018Economy, Industry News Release

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 …

Read More
AEMcombine salestractor sales
lending

Key Risks Keep Ag Outlook Cool

Dan January 12, 2018Economy, Industry News Release

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 …

Read More
farm economic outlookKansas City Federal Reserve Bank
optimistic

Farmers Are Becoming Less Optimistic About the Future

Dan January 10, 2018Economy, Industry News Release

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 …

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Ag Economy BarometerPurdue University/CME Group
prices

U.S. Crop Prices Forecast to Remain Stable

Dan January 10, 2018Economy, Industry News Release

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 …

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crop pricesfarm economygrains
rural prosperity

Rural Prosperity Report Released at Farm Bureau Convention

Dan January 10, 2018Economy, Industry News Release

The president’s task force on rural prosperity officially released its report on Monday at the Farm Bureau national convention. Politico says Cabinet officials made a lot of recommendations in the …

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Ag Sec PerdueRural Prosperity Task Force report
index optimism

Index Shows Farmer Optimism Increasing

Dan January 3, 2018Economy, Industry News Release

A survey of farmers shows optimism is increasing in the Midwest farm country, despite continued low prices. The latest DTN/The Progressive Farmer Agricultural Confidence Index found increasing optimism, posting an …

Read More
agriculture confidence indexagriculture economy
crop prices

2018 Crop Prices Outlook

Dan January 3, 2018Economy, Industry News Release

A University of Illinois economist expects 2018 crop prices to remain below high levels seen earlier this decade due to global inventories. Economist Todd Hubbs explains that global economic growth …

Read More
crop pricesglobal inventory
cash rents

Downward Pressure Expected on 2018 Cash Rents

Dan January 2, 2018Economy, Industry News Release

As commodity prices fell over the past few years, many landowners across the country agreed to lower cash rents. The annual LandOwner/Pro Farmer Cash Rent and Values Survey shows a …

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cash rentfarmland
christmas tree

Oh Christmas Tree, What to do with that Christmas Tree

Dan December 28, 2017Economy, Forestry, This Land of Ours

Oh Christmas Tree, oh Christmas Tree, in this series, Cathy Isom reviews what to do with your tree now that Christmas is over. That’s coming up on This Land of …

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Christmas Tree disposalenvironmentforestry
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