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Articles tagged under: economy

Kohl: Have a Plan and Execute the Plan

Published July 8, 2021

Agriculture today: a new era of prosperity or temporary opportunity? That was the question addressed by Virginia Tech Agricultural Economics Professor Emeritus Dr. David Kohl during the Bell Bank AgViews Live Conference. "These roller coaster economics take both a financial…
Top StoriesLatest NewsAg Business

Farmers and Ranchers are ‘Buckled Down’ for the Wild Ride

Published July 7, 2021

There are a unparalleled amount of issues currently facing agriculture. How did it get to this point? "Gradually, then suddenly," said Lynn Paulson, senior vice president of agribusiness development, Bell Bank during the AgViews Live Conference in Fargo. "Corn and…
Top StoriesLatest NewsAg Business

A “Black Swan” Event Ag Won’t Forget

Published January 25, 2021

A glimpse into the agricultural economy was part of the keynote address to Minnesota Corn Growers Association members during their virtual annual meeting. The coronavirus pandemic will go down in the history books as a black swan event many in…
Top StoriesLatest NewsAg Business

Traders Take Profits Going Into Holiday

Published January 15, 2021

Traders are unwinding spreads and taking profits going into the three-day MLK holiday with the markets closed Monday. Global Commodity Analytics and Consulting President Mike Zuzolo thinks traders will begin to focus on the U.S. economy. "We're past the USDA…
Latest NewsMarkets

Minneapolis Fed Releases Q3 Ag Analysis

Published November 13, 2020

After several years of tough financial conditions for agriculture, COVID-19 was expected to deal another major blow to the sector. However, pandemic assistance for farmers, a bountiful harvest in the Upper Midwest and a slight recovery in commodity prices have…
Top StoriesLatest NewsAg Business

All Roads Lead to COVID-19

Published April 24, 2020

The economic damage has been done by COVID-19. Global Commodity Analytics and Consulting president Mike Zuzolo does not expect a rapid turnaround once the economy is back up. "When it comes to hogs, the cold storage supplies and food supply…
Latest NewsMarkets

Uncertainty in Agriculture is like “Throwing a Rock in a Pond”

Published April 20, 2020

Agriculture was already dealing with a challenging economy, even before the COVID-19 pandemic started. According to Bell Bank Senior Vice President Lynn Paulson, farm program payments through the Market Faciliation Program and WHIP-plus did help the balance sheet come loan…
Top StoriesLatest NewsAg Business

A U.S. Recession is Possible

Published March 18, 2020

President Donald Trump told reporters the U.S. could be sliding into a recession. According to Wells Fargo agricultural economist Michael Swanson, there is a risk. The technical definition for a recession is two consecutive quarters of negative growth. "It's very…
Top StoriesLatest NewsMarkets

Crossing T’s and Dotting I’s with Farm Financials

Published March 9, 2020

A few years of tight margins in agriculture have farmers crossing their “T’s” and dotting their “I’s”. South Dakota State University Extension crop business management specialist Jack Davis says government payments, such as the Market Facilitation Program, did help financially.…
Top StoriesLatest NewsMarketsCrops

The Farmer/Lender Relationship

Published March 3, 2020

Even in the face of adversity, agricultural lenders and farmers strive to maintain a positive working relationship. John Pfaff has experienced both sides of the farming/lending relationship. For the past five years, Pfaff has worked at Security First Bank in…
Top StoriesLatest NewsAg BusinessCropsLivestock
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