Editor's Picks
Tag: ag economy
Want to Grow Your Farm? Ask These 10 Questions First May 18, 2023
More than 50% of farmers intend to grow their operation, based on responses in Purdue’s February 2023 Ag Economy Barometer. If you’re thinking about scaling your farm, Michael Langemeier, Purdue […]
How Important is U.S. Ag and Food to the Economy? Mar 22, 2023
As the saying goes, “numbers don’t lie,” and this rings especially true in the 2023 Feeding the Economy report, showing the economic importance of U.S. food and agriculture to communities […]
Ag Economy: Oct. Observations from the Federal Reserve Beige Book Oct 22, 2022
On Wednesday, the Federal Reserve Board released its October 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining […]
U.S. Farm Sector Balance Sheet Markedly Improved Over 2020 Oct 10, 2022
U.S. farm equity in 2022 is 27.7% higher than it was in 2017 and 42.7% higher than it was in 2012. During the last 10 years, net farm income was […]
Ag Economy: “Most Expensive Crop in Decades,” Farmers Battling Skyrocketing Costs Oct 5, 2022
Sarah Bowman, writing on the front page of the Money section in today’s USA Today, reported that, “Outside Evansville, near the corner of Indiana where it meets with Kentucky and […]
Farmer Sentiment Drifts Lower, Rising Interest Rates Contribute to Uneasiness – Ag Barometer Oct 4, 2022
The Purdue University-CME Group Ag Economy Barometer index drifted lower to a reading of 112 in September which was 5 points lower than a month earlier. The decline in farmer sentiment was […]
Ag Economy: The Importance of Off-Farm Income Sep 21, 2022
CoBank’s Knowledge Exchange division, in partnership with the University of Missouri, released a report yesterday titled, “The Importance of Off-Farm Income to the Agricultural Economy.” Today’s update includes highlights from […]
Ag Economy: Aug. Observations from the Federal Reserve Beige Book Sep 17, 2022
On Wednesday, the Federal Reserve Board released its August 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]
Farmer Sentiment Improves, Producers Still Concerned About Rising Costs, Inflation – Ag Barometer Sep 12, 2022
Farmer sentiment improved in August as the Purdue-CME Group Ag Economy Barometer index rose 14 points above its July reading to 117. The rise in the overall measure of agricultural producer sentiment […]
September Farm Sector Income Forecast Sep 4, 2022
The USDA’s Economic Research Service (ERS) indicated on Thursday that, “Net farm income, a broad measure of profits, is forecast to increase by $7.3 billion (5.2 percent) from 2021 to $147.7 billion in calendar year 2022.” “Net […]
