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 …
U.S. Cropland Value Holds Steady
The USDA’s 2017 Land Values Summary shows that the average acre of American cropland is worth $4,090. That’s unchanged from last year and the third-highest in history. Pastureland values increased …
Farm Income Projected to Increase Slightly
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 …
Farm Debt Likely to Reach All-Time High in 2017
Low commodity prices have made things tough by bringing down land values, tightening balance sheets, and increasing the stress level of America’s producers. Unfortunately, that means farmers are continuing to …
Farm Economy May Be Starting to Stabilize
The prolonged downturn in the farm economy continued in the second quarter of 2017. However, data from the Kansas City Fed’s Survey on Agricultural Credit Conditions shows the farm economy …
USDA NASS: Cropland Values Stable
An annual report by the Department of Agriculture shows cropland values have remained stable this year. The USDA National Agricultural Statistics Service’s Land Values 2017 Summary shows a slight increase …
Farmland Values Unclear in the Future
Farmland is one of the most significant assets producers have in their portfolio. Strong land values are critical to maintaining strong equity positions for producers and good collateral for ag …
Farmers Indicate Higher Outlook on Farm Economy
Farmers surveyed as part of the Purdue/CME Group Ag Economy Barometer indicated more optimism in July because of better commodity prices expectations this fall. The monthly survey for July reached …
Ag Lenders Pessimistic About Farm Profits
Farmers are still feeling the pressure of a lagging farm economy. A joint survey from the American Bankers Association and the Federal Ag Mortgage Corporation confirms the pressure. Nearly 90 …
Current Farm Downturn Not Likely to Reach 1980’s Crisis
A report by a Farm Credit Administration economist told the Administration’s board members last week that the current downturn in the farm economy is not likely to reach a 1980s-style …
Monthly Farm Economy Survey Holds Steady
A monthly survey on farmers thoughts regarding the farm economy held steady last month. The latest reading of the Purdue/CME Group Ag Economy Barometer, which is based on a monthly …
Experts Expect Down Farm Economy to Continue
A financial expert forecasted to lawmakers Thursday the current agriculture economic conditions will continue. During a Senate Agriculture Committee on the rural economy, Nathan Kauffman of the Federal Reserve Bank …
Senate Ag to Hold Farm Economy Hearing
The Senate Agriculture Committee will hold a hearing on the farm economy conditions Thursday, May 25th. Announced by leadership of the committee, Senators Pat Roberts, and Debbie Stabenow, the hearing …
Farmers Union Confronts the Farm Crisis
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 …