Articles tagged under: CoBank Knowledge Exchange
‘Butter’ Days Ahead for the Dairy Industry
Published November 7, 2023
A new report from CoBank’s Knowledge Exchange said there is tremendous upset potential for domestic butter demand. That’s on top of the significant growth in domestic butterfat production over the past ten years. While milk consumption is down, CoBank is…Interest Rates and Strong U.S. Dollar Pressures Ag Economy
Published October 11, 2023
The combination of high interest rates and a strong U.S. dollar is having a significant impact on the farm economy. According to the new quarterly report from the CoBank Knowledge Exchange, the United States is also facing sizable export competition…Economic Slowdown Still Coming
Published July 13, 2023
According to a new quarterly report from CoBank, a mild recession is likely by the fourth quarter of this year. The report says the U.S. economy has not seen the full impact of the government's monetary policy, including higher interest…Ag Markets Following Outside Factors
Published November 13, 2022
Factors beyond traditional agricultural market fundamentals are dominating the trade. "It's not good when you're worrying about things in the general news; you're looking at CNN or the Wall Street Journal and you're hearing about negotiations on getting grain and…Ag Economy Depends on Off-Farm Income
Published September 20, 2022
Eighty-two percent of U.S. farm household income now comes from off the farm. A study conducted by the University of Missouri and commissioned by CoBank identified reliable income as the top reason for off-farm employment. Health and retirement benefits were…Farm Co-ops Seen as an Option for Broadband
Published May 25, 2022
A new report from CoBank argues agricultural cooperatives are in an ideal position to deliver high-speed broadband to farmers. This move could create a new revenue source for farm supply co-ops and help offset the volatile crop input business. CoBank’s…Fragile Growth Forecast for U.S. Economy
Published December 28, 2021
In its report on the year ahead, CoBank says the rural economy is facing three significant headwinds: the pandemic, financial policies and the Chinese economy. This forecast expects COVID to have only a modest impact on the global economy and…Positive Farm Financials Heading into Spring
Published March 12, 2021
According to a new report from CoBank, farmers are in good financial shape heading into the spring planting season. Strong grain markets and sizable government support have resulted in an increase in net farm income. With prevented plant acres coming…Ag Economist Optimistic About Foodservice Demand in 2021
Published January 3, 2021
CoBank Knowledge Exchange Division Manager Tanner Emke says demand will surface, but that will take some time. "We've got to get the majority of U.S. consumers vaccinated first and it's going to be until summer before that happens." Emke sees…