USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income (NCFI), defined as gross cash income minus cash expenses, to decrease by $5.7 billion (3.5 percent) to $158.8 billion in 2024. This would come after NCFI decreased $58.3...
The farmer-owned cooperative will be able to leverage the loan to expand conservation programs that enhance Iowa communities’ water quality
CoBank today announced the launch of its first sustainability-linked loan in partnership with its customer, Heartland Co-op. CoBank, a cooperative...
November 5, 2024
James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture
A breakdown on the Purdue/CME Group Ag Economy Barometer October results can be viewed at https://purdue.ag/barometervideo. Find the audio podcast discussion for insight on this month’s sentiment at...
Global Pork Quarterly Report Q4 2024: Stabilizing Profits and Strategic Caution
In the latest RaboResearch Global Pork Quarterly report, the global pork industry continues to see stabilization in profitability, although producers remain wary of rapid expansion. Several key challenges are...
Milwaukee Set to Host Nation's Ag Lenders for Insightful Industry Discussions
Source: American Bankers Association News Release
Who: Agricultural Bankers from across the U.S.
What: ABA Agricultural Bankers Conference
When: November 12-15
Where: Baird Center, Milwaukee, Wisconsin
Agricultural bankers from across the country are gearing...
The Federal Reserve's recent Beige Book report signals a "steady to weakening" trend in the U.S. farm economy. Though certain regions report stability, many agricultural areas are contending with financial strain driven by low crop prices and rising input...
According to a recent survey, the majority of agricultural economists agree that the U.S. ag economy is currently in a recession. The findings highlight growing concerns about rising input costs, reduced farm income, and ongoing market pressures affecting farmers...
As we approach the end of 2024, it's crucial for pork producers to implement effective strategies for managing their businesses. While the year has presented its challenges, there are still opportunities to strengthen operations and ensure long-term success.
Continuous Improvement:
One...
Billions have been invested in generative AI with the expectation that big productivity gains will propel the U.S. economy in the years to come. But here’s the rub: Many market participants believe we may be only 12-24 months away...
Canadian cultivated farmland values rose by an average of 5.5 per cent in the first half of 2024, according to the mid-year farmland values review by Farm Credit Canada (FCC). Over the 12 months from July 2023 to June...