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Category Archive

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

budget cuts trump

Trump Plan to Balance Budget Includes Farm Subsidy Cuts

Dan May 22, 2017Economy, Industry News Release

A budget plan President Donald Trump is expected to submit to Congress Tuesday includes steep cuts to farm subsidies, according to Bloomberg News. The 2018 budget proposal, which would begin …

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agriculture subsidiesbalanced budgetbudget cutsPresident Donald J. Trump
corker

Perdue: U.S. Ag in Dire Straits

Dan May 19, 2017Economy, Industry News Release, Trade

Sonny Perdue made his first appearance before the House Agriculture Committee this week as Secretary of Agriculture. He says the current U.S. agricultural economy is in “ dire straits ” …

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agriculture economyAgriculture Secretary Sonny Perdueagriculture trade
tax plan

Tax Reform Central to Improving Economy

Dan May 18, 2017Economy, Industry News Release

Farmers and ranchers need the economic benefits that will follow from tax reform, the American Farm Bureau Federation told Congress in testimony submitted to the House Ways and Means Committee. …

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American Farm Bureau Federation (AFBF)economytax reform
farmers union

Farmers Union Confronts the Farm Crisis

Dan May 17, 2017Economy, Industry News Release

The national farm economy is deteriorating, forcing many family farmers and ranchers to make tough financial decisions that will impact their families, communities, and the entire country. In order to …

Read More
farm crisisfarm economyFarmers
current

Secretary Perdue to Attend House Ag Committee Hearing on Rural Economy

Dan May 11, 2017Economy, Industry News Release

Agriculture Secretary Sonny Perdue will take part in a House Agriculture Committee hearing next week on the rural economy. The House Agriculture Committee will hold the hearing next Wednesday, May …

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agriculture economyAgriculture Secretary Sonny PerdueHouse Agriculture Committeerural economy
current

Agri View: Outlook for 2017

Dan May 3, 2017Agri View, Economy

  Everett Griner talks about the outlook for 2017 and what needs to happen for producers in today’s Agri View.       Well 2013 was the last good year …

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commodity priceseconomyoutlookproduction
farm

Ag Lender Survey: Farm Profitability Down, Commodity Prices Top Concern

Dan May 2, 2017Economy, Industry News Release

ABA and Farmer Mac release first biannual survey of agricultural lenders Nearly 90 percent of agricultural lenders have seen an overall decline in farm profitability in the last 12 months, …

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Ag Lender Surveycommodity pricesfarm profitability
producer sentiment

Ag Producer Sentiment Inches Higher in April

Dan May 2, 2017Economy, Industry News Release

By Jim Mintert, David Widmar and Michael Langemeier Purdue University/CME Group Producer sentiment inched higher during April as the Ag Economy Barometer increased to 130. The latest result for the …

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agricultural equipment salesfarming economyPurdue/CME Group Ag Economy Barometer
rural

Rural Economy Index Lower Again

Dan April 26, 2017Economy, Industry News Release

The Creighton University Rural Mainstreet Index remained weak with a reading below growth neutral for the 20th straight month, according to the monthly survey of bank CEOs in rural areas …

Read More
Creighton University Rural Mainstreet IndexRural Land
trump

Ag Confidence Grows as Latest DTN/PF Survey Suggests Strong Future

Dan April 10, 2017Economy, Industry News Release

Farmers, ranchers remain concerned on current conditions; optimistic about future Despite continued flat commodity prices, attitudes of U.S. farmers took a solid leap into positive territory, according to the most …

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Ag Confidence Indexagriculture economyDTNsurvey

USDA: Agriculture a $992 Billion Economic Factor

Dan April 10, 2017Economy, Industry News Release

Data by the Department of Agriculture shows agriculture and agriculture-related industries contributed $992 billion to the U.S. gross domestic product in 2015, a 5.5-percent share, the most recent USDA statistics.The …

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gross domestic product (GDP)U.S. Department of Agriculture (USDA)
producers

Purdue Ag Economy Barometer Shows Slip in Confidence

Dan April 5, 2017Economy, Industry News Release

The Ag Economy Barometer from Purdue University found confidence among farmers and ranchers slipped again last month. The Barometer slipped to 124 in March, marking the second month in a …

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agriculture economyPerdue Ag Economy Barometer
federal reserve interest

Federal Reserve Makes Expected Interest Rate Increase

Dan March 16, 2017Economy, Industry News Release

The U.S. Federal Reserve has again elected to move forward with interest rate increases following a meeting Wednesday. Widely expected, the decision raises the Fed’s benchmark rate to a range …

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federal reserveinterest rates

Global Food Prices Edging Higher

Taylor Hillman March 7, 2017Economy, Industry News Release

Global food prices trended higher in February, increasing half a percent compared to January. The Food and Agriculture Organization of the United Nations released its Food Price Index Monday. Sponsored …

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Global food prices
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