Articles tagged under: ag economy
Farmer Optimism Continues to Rise
Published February 7, 2025
The Purdue University-CME Group Ag Economy Barometer showed farmer sentiment edged higher in January. "Farmers have retained most of the optimism that was generally associated with the fall 2024 election," said Purdue University Extension Economist Jim Mintert. "In September the…Rural Mainstreet Index Dips Below Growth Neutral
Published December 31, 2024
The Rural Mainstreet Index, a key measure of economic health in rural areas across ten states reliant on agriculture and energy, fell sharply in December. The index dropped below its growth-neutral mark for the 11th time this year. Creighton University…Pinched by a High-Interest Environment
Published December 5, 2024
A surplus grain supply is delivering another problem for farmers. "Things like interest rates and inflation just make all of that even more difficult," said John Griffith, executive vice president, CHS. "When you're in a market of oversupply, grain needs…Economic Rebound Still Years Away
Published January 20, 2023
The Juday Group founder and principal Dave Juday addressed the North Dakota Grain Dealers Association this past week. Juday said the economic rebound after COVID will be slow. "The whole shock to the system from energy to transportation is still…A Healthy Farm Economy
Published December 16, 2022
Bell Bank Senior Vice President of Agribusiness Development Lynn Paulson is optimistic about the agricultural economy. "I've been doing this for almost four decades and honestly, this is the healthiest I've ever seen the ag sector financially," said Paulson. "Both…Think Ahead for Next Year
Published July 6, 2022
Strong commodity prices are helping this year, but Wells Fargo Chief Agricultural Economist Michael Swanson reminds farmers to be planning ahead to 2023. "They have the ability to sell ahead when they're buying inputs," says Swanson. The four biggest expenditures…Marketing Opportunities May Come in the Springtime
Published December 5, 2019
The current market environment is presenting both challenges and opportunities for farmers. Iowa State University agricultural economist Chad Hart says the challenges with corn and soybeans started in the spring. The crops were planted late, matured late and even some…Planting Delays Continue to be a Market Mover
Published May 30, 2019
The lack of planting progress is evident throughout much of the Midwest. According to NDSU Extension crop economist Frayne Olson, wet conditions are creating opportunities in the markets."If your planting corn right now, make sure you're also trying to price…