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Category Archive

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

agriculture industry

Agri View: Favorable Agriculture Outlook

Dan December 11, 2017Agri View, Economy

Everett Griner talks about the outlook for agriculture and farm income in today’s Agri View. Favorable Agriculture Outlook Sponsored ContentLet’s Talk Livestock Risk Protection For Those Beef On Dairy Animals …

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agriculture outlookEverett Griner
food price

Global Food Prices Slightly Lower in November

Dan December 8, 2017Economy, Industry News Release

A measure of global food prices decreased in November largely due to a decline in dairy values. The Food and Agriculture Organization of the United Nations monthly Food Price Index …

Read More
FAO Food Price Indexfood prices
producer

Post-Harvest Slump in Ag Producer Sentiment

Dan December 5, 2017Economy, Industry News Release

The Purdue/CME Group Ag Economy Barometer dropped 7 points in November, signaling a slump in U.S. agricultural producers’ confidence compared to a month earlier. At a reading of 128, the …

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Ag Economy Barometerfarm economyPurdue-CME Group
section

Senate Tax Bill Doesn’t Include Section 199 Deductions

Dan December 5, 2017Economy, Industry News Release

The Senate tax bill passed over the weekend does not include a deduction that farm cooperatives lobbied to keep in the tax reform package. The National Council of Farmer Cooperatives …

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section 199tax reform
farmers

Farmers Commend Senate Action on Tax Reform

Dan December 3, 2017Economy, Industry News Release

The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “Farmers and ranchers have long called for a fair tax code that recognizes our hard work as …

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AFBFtax reformZippy Duvall
farm profits

Farm Profits Expected to Stabilize

Dan December 1, 2017Economy, Industry News Release

Following years of decline, net farm income in 2017 for the U.S. farm sector as a whole is forecast to be relatively unchanged at $63.2 billion in inflation-adjusted terms. The …

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economyfarm incomefarm profitability
usmca

Perdue on President’s “Bring Back Main Street” Message

Dan November 30, 2017Economy, Industry News Release

U.S. Secretary of Agriculture Sonny Perdue echoed President Donald J. Trump’s message that tax cuts and reforms are needed to increase American prosperity. The president delivered remarks with a “Bring …

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Agriculture Secretary Sonny PerduePresident Donald J. Trumptax reform
Thanksgiving meal

Farmers Getting Only 11 Cents of Every Food Dollar

Dan November 23, 2017Economy, Industry News Release

The National Farmers Union and the American Farm Bureau Federation say that consumers are paying less and farmers are receiving less for this year’s Thanksgiving Day dinner. The NFU Farmer’s …

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farm incomefarmer economyThanksgiving meal cost
peterson

Peterson Likes Senate Tax Bill Better Than House Version

Dan November 22, 2017Economy, Industry News Release

House Ag Committee ranking member Collin Peterson says the Senate tax bill is closer to something he can support than the House Bill. The Minnesota Democrat hopes changes will be …

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Collin Petersontax bill
section

Perdue Comments on House Passage of Tax Cuts and Reforms

Dan November 16, 2017Economy, Industry News Release

U.S. Secretary of Agriculture Sonny Perdue hailed the House of Representatives’ passage of historic tax cuts and reforms as an important step toward providing much-needed relief to Americans, creating jobs, …

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Agriculture Secretary Sonny Perdueeconomytax cuts
letter

Agriculture Groups Band Together to Support Section 199

Dan November 15, 2017Economy, Industry News Release

More than 180 agricultural groups are coming together to support the Section 199 tax deduction not included in the tax reform proposal. The groups, led by the National Council of …

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section 199tax deduction
farm bureau

Farm Bureau Welcomes Progress on Tax Reform Bill

Dan November 9, 2017Economy, Industry News Release

The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “America’s farmers and ranchers are ready for a tax system that recognizes their hard work and the …

Read More
AFBFtax reform billZippy Duvall
october

Producers More Optimistic in October Survey

Dan November 8, 2017Economy, Industry News Release

The latest Purdue/CME Group Ag Economy Barometer showed farmer optimism improving slightly in October, coming in at an index of 135. That’s actually the third-highest level since the survey began …

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agriculture economyPurdue/CME Group Ag Economy Barometer
food price

Global Food Prices Reported Lower

Dan November 7, 2017Economy, Industry News Release

Global food prices dropped in October, led by lower dairy products. The United Nations Food and Agriculture Organization’s monthly Food Price Index averaged 176.4 points for the month of October, …

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dairyfood price indexGlobal food prices
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