economy | Red River Farm Network

Dissecting and Navigating the Dairy Economy

Published February 26, 2020

There have been five years of marginal profitability for Minnesota dairy farmers. The second half of 2019 started to show an increase in the milk price, which put a little hope back into the market. Central Lakes College Farm Business…

Reducing Risk, Maximizing Revenue

Published February 3, 2020

In a depressed ag economy, farmers and ranchers are working on reducing risk and maximizing revenue. There are risk management options out there, and a standard crop insurance policy is one. Farm Credit Services of Mandan Assistant Vice President Eric…

NDSU Ag Economist: Be Patient with the Markets

Published December 16, 2019

A phase one trade agreement between the U.S. and China does change the market mentality. However, NDSU Extension crops economist Frayne Olson says prices won't change dramatically overnight. "What I likely see happening is a slow uptrend in prices. There…

Latest MN Budget Forecast Estimates $1.33 Billion Surplus

Published December 6, 2019

The latest Minnesota Budget and Economic Forecast is estimating a $1.33 billion surplus in the fiscal year 2020/21 biennium. This is attributed to a better than expected close to the last biennium, an improved revenue forecast and a small decrease…

Marketing Calves in a Tough Market Environment

Published October 24, 2019

The fall run of cattle in the Northern Plains has been slow to start, primarily due to unfavorable weather and market prices. On top of that, cattle producers may be trying to market calves affected by the cold and snow…

The Economy and Trade is Concerning for K-State Ag Economist

Published September 30, 2019

Dr. Barry Flinchbaugh, agricultural economics professor at Kansas State University, is concerned about two things in agriculture; the American economy as it sits today and the ongoing trade wars. "The American Economy is growing very slowly and there is the…

Kohl: Focus on What You Can Control

Published July 9, 2019

The 1980s eliminated many of the poor production managers. In today’s current economy, the average and below average business managers are at risk. Virginia Tech professor emeritus Dr. David Kohl made that point at a Bell Bank event in Fergus…

Paulson: Ag Economy is Mixed Bag

Published July 1, 2019

Bell Bank Senior Vice President and Director of Agribusiness Development Lynn Paulson says the current state of the agriculture economy is a mixed bag. "We've had five or six consecutive years where it's been difficult for agriculture. There is some…

An Ag Economist’s Take on ‘Weathering the Storm’

Published June 5, 2019

Trade tensions, market volatility, the weather; it’s a challenging time in agriculture as farmers weather several storms, both figuratively and literally. According to Dr. David Kohl, professor emeritus with the Virginia Tech Agricultural and Applied Economics Department, farmers are focusing…

Economic Recession Expected by End of 2020

Published December 14, 2018

According to the Duke University Chief Financial Officer (CFO) Global Business Outlook survey, nearly half of U.S. CFOs expect an economic recession to hit the U.S. economy by the end of 2019. Survey director Campbell Harvey says a tight labor market…

Articles tagged under: economy

Dissecting and Navigating the Dairy Economy

Reducing Risk, Maximizing Revenue

NDSU Ag Economist: Be Patient with the Markets

Latest MN Budget Forecast Estimates $1.33 Billion Surplus

Marketing Calves in a Tough Market Environment

The Economy and Trade is Concerning for K-State Ag Economist

Kohl: Focus on What You Can Control

Paulson: Ag Economy is Mixed Bag

An Ag Economist’s Take on ‘Weathering the Storm’

Economic Recession Expected by End of 2020

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