The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s ‘Building a Stronger America’ plan promises to bring long overdue improvements to the country …
Tyson: Higher Freight Costs Will Push Up Consumer Prices
Tyson said the rising cost of freight is starting to put pressure on all of its businesses. That means consumers will eventually feel that pressure in the form of higher …
Highlights From the February 2018 Farm Income Forecast
Farm Sector Profits Expected To Decline in 2018 Net farm income, a broad measure of profits, is forecast to decrease $4.3 billion (6.7 percent) from 2017 to $59.5 billion in …
Canada Offering Livestock Producers Tax Relief
The Government of Canada Wednesday released the final list of designated regions where livestock tax deferral has been authorized for 2017 due to drought, flood or excess moisture. In November, …
January Ag Economy Barometer Results
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 …