farm economy | Red River Farm Network

Farm Financial Situation is “Not as Bad as Feared”

Published October 17, 2018

Trade with China is the biggest risk for U.S. agriculture. Given the trade situation, CoBank Economist Will Secor says the farm financial situation is better than expected. "My gut is if they're making sales and with the Market Facilitation Program,…

Sombke “Not Optimistic” About Farm Bill

Published September 20, 2018

Congress has limited days left to meet their September 30 deadline to pass a farm bill. South Dakota Farmers Union President Doug Sombke isn’t optimistic about a farm bill being completed by the deadline. "It's going to be punted. There's…

Local Ag Lenders Prepare for Farmer Meetings

Published September 20, 2018

Frandsen Bank and Trust Vice-President, Commercial and Agriculture Lender Brandon Heider, based in East Grand Forks, Minnesota, is preparing to review short-term cash flow with farmers. There could be difficult discussions ahead. Listen to this story.

Know Your Cost of Production

Published July 31, 2018

Today’s farmer may be dealing with lingering effects from the super-cycle of 2006-to-2012. That includes high family living expenses or land costs. Bell Bank Senior Vice President Lynn Paulson says farmers can weather this downturn in the farm economy. "A…

Farm Lenders Preparing for Trade Uncertainty

Published July 16, 2018

Farm lenders are preparing to deal with trade uncertainty this fall. Barry Hanson, Executive Vice President, United Valley Bank, believes calmer heads will prevail. "I think China needs us. Maybe I'm just being naive and hopeful, but I think it…

Optimism Seen for Those in Ag Education

Published July 12, 2018

With a tight farm economy, there is a need for affordable farm management assistance. Brian Boomgaarden and other adult farm business management instructors provide that support. "Cash flow and working capital are big things. With the downturn in the farm…

Ag Barometer Shows Farmer Optmism

Published June 6, 2018

The May CME Group/Purdue University Ag Economy Barometer says farmers are more optimistic about their future. Purdue Ag Economist Jim Mintert thinks the ebb and flow of trade disputes plays a big role in producer sentiment. "We had the initial shock…

Articles tagged under: farm economy

Farm Financial Situation is “Not as Bad as Feared”

Sombke “Not Optimistic” About Farm Bill

Local Ag Lenders Prepare for Farmer Meetings

Know Your Cost of Production

Farm Lenders Preparing for Trade Uncertainty

Optimism Seen for Those in Ag Education

Ag Barometer Shows Farmer Optmism

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