Latest News From Farm Economy

Why Ag Economists Think Net Farm Income Could Fall to Lowest Level in 3 Years
Why Ag Economists Think Net Farm Income Could Fall to Lowest Level in 3 Years

Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024. 

Global Economic Slowdown Will Influence Grain, Dairy and Hog Markets in 2024
Global Economic Slowdown Will Influence Grain, Dairy and Hog Markets in 2024

Noted ag economist Dr. David Kohl forecasts tighter margins in the year ahead and emphasizes the need to globalize and future-proof operations. 

High Interest Rates, Strong U.S. Dollar Take a Toll on Ag Economy
High Interest Rates, Strong U.S. Dollar Take a Toll on Ag Economy

Findings from CoBank's new quarterly report provides updates on the U.S. economy and agricultural markets.

‘Shutdown Shenanigans’ Could be Big Negatives for Grain Markets and U.S. Credit Ratings
‘Shutdown Shenanigans’ Could be Big Negatives for Grain Markets and U.S. Credit Ratings

If Congress doesn't pass stopgap funding, crop production and progress reports will probably stall. That won't bode well for markets. "Usually it means that we've got some selling pressure ahead,” says one analyst.

SOLD! 115 Acres of Missouri Farmland Just Sold For $34,800 Per Acre, Smashing the Previous Record
SOLD! 115 Acres of Missouri Farmland Just Sold For $34,800 Per Acre, Smashing the Previous Record

There’s a new record farmland sale on the books. After a 15-min. bidding war between two area farmers, the gavel fell at $34,800 per acre, which is $4,800 more than the previous record set in November 2022 in Iowa.

Farmers Seize Market Opportunities but Concerned about Rising Interest Rates
Farmers Seize Market Opportunities but Concerned about Rising Interest Rates

Sixty-five percent of farmers surveyed in July expect interest rates to climb in the next 12 months. On a positive note, 7 out of 10 said they expect farmland cash rental rates to remain roughly the same for 2024.

Global Farmer Network
Recognizing the Power of Collaboration in Cooperatives

Most agricultural co-ops are often invisible to consumers, even as they keep grocery prices in check by letting farmers stay economically sustainable.

Slowing Rural Economy Creates Negative Outlook
Slowing Rural Economy Creates Negative Outlook

Economic growth is stalling in rural America. That’s according to the Rural Mainstreet Index (RMI) from Creighton University. 

Rural Economy Slows While Farmland Values Stay Strong
Rural Economy Slows While Farmland Values Stay Strong

The rural economy seems to be set on cruise in neutral gear. That’s according to the Rural Mainstreet Index (RMI) from Creighton University. 

2017 Outlook
5 Crop and Livestock Charts to Ponder from USDA’s 10-Year Outlook

What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning?  Here are five trends and data sets to ponder from USDA's latest Agricultural Baseline Projections.

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Rural Bankers Share Predictions on Farmland Values, Recession and the Economy

For a sixth consecutive month, the rural economy has posted signs of weakness. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.

Banker Confidence in the Rural Economy Drops to Two-Year Low
Banker Confidence in the Rural Economy Drops to Two-Year Low

For the sixth time in the past seven months, the rural economy has posted signs of weakness. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.

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Purdue Predicts a 5% Increase in Farmland Cash Rental Rates in 2023

Farmland and input price jumps in 2022 continue to be top-of-mind for producers as they look to 2023. Interest in carbon sequestration has also spiked. Here's a look at the latest Ag Barometer with Purdue's Jim Mintert.

Rural Economy Shifts into Low Gear, Farm Equipment Sales Plummet to 2-Year Low
Rural Economy Shifts into Low Gear, Farm Equipment Sales Plummet to 2-Year Low

Trouble started brewing for the rural economy earlier this summer. Now it’s been confirmed for five straight months.

Rural Bankers Rank Top 3 Farmer Challenges. Do You Agree?
Rural Bankers Rank Top 3 Farmer Challenges. Do You Agree?

Trouble continues in the rural economy. Rural bankers point to the issues causing uncertainty ahead.

U.S. Recession Probability Soars as Inflation Pains Worsen
U.S. Recession Probability Soars as Inflation Pains Worsen

Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.

Is Trouble Brewing for the Farm Economy?
Is Trouble Brewing for the Farm Economy?

For the first time since September 2020, the rural economy is showing signs of weakness.

The Farm Economy Explained in 3 Charts
The Farm Economy Explained in 3 Charts

The latest round of agricultural credit condition surveys from the Federal Reserve banks show high farm real estate values are supporting farm finances. 

4 Trends Shaping the Rural Economy
4 Trends Shaping the Rural Economy

For 18 straight months, the rural economy has posted healthy and consistent growth, yet signs of weakness may be surfacing.

Rural Mainstreet Index: Farmland Prices Grow at Rapid Pace
Rural Mainstreet Index: Farmland Prices Grow at Rapid Pace

For 17 straight months, the rural economy has posted healthy and consistent growth. That’s according to the March Rural Mainstreet Index (RMI) from Creighton University.

4 of 10 Rural Bankers Project Jump in 2022 Farm Income
4 of 10 Rural Bankers Project Jump in 2022 Farm Income

For March 2021, the Rural Mainstreet Index sits at 65.4. That is up from February’s 61.5.

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Rural Economy Posts Growth for 15 Straight Months

For 15 straight months, the rural economy has posted healthy and consistent growth.

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Rural Bankers Rank the Greatest Threats for 2022

For 14 straight months, the rural economy has posted healthy and consistent growth.

High Farm Income Infiltrating Farmland Values
High Farm Income Infiltrating Farmland Values

This data confirms the obvious — there is plenty of income and cash in farm country and is being reflected in the record prices being paid for farmland.

Rural Bankers: Farmland Prices Rocket to Record Highs
Rural Bankers: Farmland Prices Rocket to Record Highs

For 12 straight months, the Creighton University Rural Mainstreet Index (RMI) has remained above growth neutral, to the Creighton University Rural Mainstreet Index.

Rural Bankers: 8 of 10 Farmers in Solid Cash Position
Rural Bankers: 8 of 10 Farmers in Solid Cash Position

For nearly a year, the rural economy has shown consistent growth, according to the Creighton University Rural Mainstreet Index (RMI).

Chip Flory: Natural Gas Ignites Fertilizer Rally
Chip Flory: Natural Gas Ignites Fertilizer Rally

It will take significant N bookings at higher prices or excess natural gas supplies to relight fires at fertilizer plants – and neither seems likely until summer 2022.  

Rural Bankers Rank Top Three Challenges
Rural Bankers Rank Top Three Challenges

The rural economy keeps chugging along, according to the Creighton University Rural Mainstreet Index. For the ninth straight month, the RMI has stayed above growth neutral.

Record-High Optimism Buoys Already Strong Farmland Prices
Record-High Optimism Buoys Already Strong Farmland Prices

Have you seen the shift in your area? Once-sleepy farmland prices are awake and shooting higher. 

June Rural Mainstreet Index: Machinery Sales and Farmland Prices Soar
June Rural Mainstreet Index: Machinery Sales and Farmland Prices Soar

Economic stability and growth are returning to rural America.

U.S. Job Market Outlook: It’s Complicated
U.S. Job Market Outlook: It’s Complicated

The pandemic may be easing, but the job market remains complicated. 

Rural Mainstreet Index Hits Record High
Rural Mainstreet Index Hits Record High

The Rural Mainstreet Index for March soared to a record-high 71.9. March represents the fifth time in the past six months the index climbed above growth neutral.

The strength and timing of the economic recovery are contingent on three uncertain factors.
3 Factors Weigh on the Economic Recovery

The strength and timing of the economic recovery are contingent on three uncertain factors.

Arlan Suderman chief economist for INTL FCSTone told AgriTalk host Chip Flory President Donald Trump may not have time to work out the details left to secure a long-term deal with China.
Economist: China Is Counting On Surviving President Trump

Arlan Suderman chief economist for INTL FCSTone told AgriTalk host Chip Flory President Donald Trump may not have time to work out the details left to secure a long-term deal with China.

Skilled labor is needed to plant and harvest crops, milk cows, manage livestock, build homes, build infrastructure and more throughout the U.S.
When College Is The Only Option, Low Unemployment Hurts Farm Country

Skilled labor is needed to plant and harvest crops, milk cows, manage livestock, build homes, build infrastructure and more throughout the U.S.

<p>Deere and Company is headquartered in Moline, Illinois. It's the world's largest maker of agriculture equipment.</p>
Deere Raises Forecast Amid Signals of Farm Recovery

February 16, 2018. Deere & Co. raised its full-year sales forecast, and there’s reason to believe that good news will keep coming.