farm economy | Red River Farm Network

A Fragile Economic Recovery

Published October 9, 2020

The rural economy has started to recover. The new quarterly report from the CoBank Knowledge Exchange says a weaker, steady dollar has supported a price recovery in most agricultural commodities. Strong export sales to China has been a major factor.…

August Ag Economy Barometer Shows More Farmer Optimism

Published September 2, 2020

The August Purdue University/CME Group Ag Economy Barometer showed an increase in farmer sentiment compared to July. Purdue University Center for Commercial Agriculture Director Jim Mintert said farmers are more optimistic about current economic conditions, but the biggest driver in…

Plenty of Headwinds in Agriculture

Published May 14, 2020

Prices are low in most sectors of agriculture right now. AgCountry Farm Credit Services CEO Mark Knisley says in the last two years, government payments have been helpful to get farmers through tough times. "Along with Market Facilitation Program payments,…

Farm Economy Feels Effects of COVID-19

Published May 14, 2020

The initial effects of the coronavirus pandemic have been felt in agriculture. The Federal Reserve Bank of Kansas City’s quarterly ag survey found a larger decline in farm income and loan repayment rates than in recent quarters. The reduction in…

Larew Elected to Lead National Farmers Union

Published March 2, 2020

The newly elected National Farmers Union President Rob Larew says he will focus on building off of the current strength of the organization. "Times are tough. There are lots of challenges, not the least of which is what the weather…

Farm Credit Administration Talks Cash Flow and MFP

Published February 12, 2020

The House Appropriations Subcommittee on Agriculture met with Farm Credit Administration CEO Glen Smith on Wednesday. In his hearing testimony, Smith told lawmakers the U.S. farm sector continues to face challenges. "High operating costs for labor, farm inputs and other…

Farm Assets are One Driver in a Tough Economy

Published November 19, 2019

Farmers are starting to meet with their bankers as the end of the year approaches. "Currently, the farm economy remains soft," says American Farm Bureau Federation economist Veronica Nigh. Just this year alone farm bankruptcies were up 24 percent compared…

A Better Ag Barometer Reading in July

Published August 7, 2019

The latest Purdue University CME Group Ag Economy Barometer jumped to a reading of 153 in July. That's an increase of 27 points compared to June. July is second consecutive monthly increase in the barometer. Purdue University agricultural economists say…

Ag Groups Push for Stress Assistance Network Funding

Published March 26, 2019

A coalition of agriculture groups are urging Congress to provide $10 million for the Farm and Ranch Stress Assistance Network in fiscal year 2020. The program provides grants for extension services, state departments of agriculture and other entities to administer…

Back to the Marketing Basics

Published March 7, 2019

In a tough agriculture economy, farmers are weighing their options when making decisions. According to Jessi Way, a farm marketing consultant with Hurley & Associates, producers should first understand the basic needs of their farm. "The biggest factor right now…

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Articles tagged under: farm economy

A Fragile Economic Recovery

August Ag Economy Barometer Shows More Farmer Optimism

Plenty of Headwinds in Agriculture

Farm Economy Feels Effects of COVID-19

Larew Elected to Lead National Farmers Union

Farm Credit Administration Talks Cash Flow and MFP

Farm Assets are One Driver in a Tough Economy

A Better Ag Barometer Reading in July

Ag Groups Push for Stress Assistance Network Funding

Back to the Marketing Basics

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