farm economy | Red River Farm Network

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…

NFU Members Meet to Discuss Policy Priorities

Published March 4, 2019

National Farmers Union members are meeting in Bellevue, Washington this week to set policy priorities for the year ahead. The farm economy is getting attention."Net farm income is about half of what it was five years ago. That creates all…

Caution Seen in Farm Attitudes

Published January 8, 2019

According to the Purdue/CME Group Ag Economy Barometer, the farmer’s perception about the farm economy weakened in December. While the current economic conditions are troubling, the survey found farmers are more confident about the future. The study found farmers remain…

Large-Scale Loans Drives Ag Lending Activity

Published October 19, 2018

The volume of non-real estate farm loans rose sharply in the third quarter. According to the Federal Reserve’s Agricultural Finance Book, The total loan volume was up 30 percent from one year ago. Nathan Kauffman, who is a vice president…

Articles tagged under: farm economy

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

NFU Members Meet to Discuss Policy Priorities

Caution Seen in Farm Attitudes

Large-Scale Loans Drives Ag Lending Activity

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