The Federal Reserve Bank’s beige book looks at all segments of the economy. For the Nineth Federal Reserve District that represents Minnesota, North Dakota, South Dakota, Montana and parts of Wisconsin and Michigan, the report said agricultural conditions were stable as we enter the planting season. Farm income is rising, while capital spending was steady. The prices received by farmers are up from one year ago for corn, soybeans, potatoes, hay and turkeys. Lower prices were seen for canola, cattle, milk, hogs, sugarbeets and dry edible beans.
