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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 09, 2024
Increased confidence in the Fed may be leading more producers to expect interest rates to remain steady or decline compared to earlier in the year, according to the April Ag Economy Barometer reading.
The Federal Reserve is aggressively raising interest rates in its fight to curb inflation, raising the cost of farm operating, equipment and real estate loans.
Agricultural lenders are bracing for declines in farm profitability next year amid the looming threat of a recession, but some believe strong commodity prices could help ease some of the potential pain producers experience.
The average value of American cropland across the country rose sharply by about 14% in 2022 as strong commodity prices and inflation eclipsed rising input and other production costs. It was the second straight year farmers saw substantial increases in the value of their land, with some of the biggest jumps in the Northern Plains, Corn Belt and Lake States, according to new USDA data.
WASHINGTON, Aug. 11, 2017 - The decline in commodity prices continues to weigh on farm income and land values, but bankers see signs that the agricultural economy is stabilizing over many of the Midwest and Plains states.
