USA – Default

USA – Default

MU Extension workshops help families tackle succession planning. Successfully transitioning a family farming business to the next generation doesn’t happen overnight. University of Missouri Extension agricultural business specialist Wesley Tucker says it takes planning and “communication, communication, communication.” To help families start...
Agricultural forecasts for 2024 predict increased expenses for everything from machinery and equipment to taxes and insurance. But if everyone is facing the same rising prices, why aren’t all farmers in the same economic position? The differences come in operational...
Production will slow in 2024 as the sow herd contracts in the main production regions. This trend is expected to result in a decline or flat production throughout 2024, with disease pressures adding to the industry's challenges. Despite production...
Larger sized loans continued to boost lending activity in the second quarter while farm loan interest rates edged higher. by: Ty Kreitman and Cortney Cowley Larger sized loans continued to boost lending activity in the second quarter while farm loan interest...
by: Cortney Cowley and Ty Kreitman Farm real estate values increased considerably in 2022 but showed signs of softening during the final months of 2022 as interest rates rose sharply. Interest rates on farm loans jumped to decade highs alongside increases in the...
Is good management better than good dirt? 5 ways to improve your farm profitability As farm managers, we know that there are many factors that are simply out of our control. Weather, geography, market prices — these all seem to...
The Federal Reserve rate hike cycle will soon end, but commodity market supplies remain vulnerable. The U.S. economy will progressively slow through the first half of 2023 and fears of a recession are still high, and still warranted. Inflation and...
Because of persistent strength in labor markets and consumer spending, economic growth during the first half of 2023 was stronger than anticipated. Inflation and some recessionary indicators in the second half make prospects for growth less promising as we...
On Thursday, the Federal Reserve Banks of Chicago, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the second quarter of 2022. Federal Reserve Bank of Chicago David Oppedahl, a Senior Business Economist at the Chicago...
In response to relatively stronger net farm incomes, U.S. farm sector capital expenditures have increased dramatically in the last three years. In 2019, farm sector capital expenditures were approximately $30.1 billion. The forecasted value for 2022 is $44.2 billion....
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