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Balanced Reporting. Trusted Insights.
Sunday, February 28, 2021
Producers in the central United States are being buoyed by a recent uptick in commodity prices and a swell of government payments, the Federal Reserve Bank of Kansas City noted in a quarterly report Thursday, but some bankers are still worried.
After a major decline in August, the Ag Economy Barometer declined again in September as producers “were noticeably more pessimistic about current conditions on their farms and in the U.S. economy.”
Almond shipments hit record * Ag regions see high job growth * Mountain lions as endangered species * Produce growers adapt to online * “Trump insurance” bill still undecided on water
Ag producers are more optimistic than last month about the future of the ag economy after a crop price rally, Market Facilitation Program announcement and disaster aid bill boosted producer sentiment in June.