Agricultural Economics Insights
JUNE 9, 2024
Despite falling net farm incomes , rising interest expenses , and generally low producer sentiment , farm loan delinquencies improved in 2023. The Kansas City Federal Reserve has reported quarterly activity for farm real estate loans since 1991. of non-real estate loans were delinquent.
Agricultural Economics Insights
SEPTEMBER 11, 2023
We spent last week updating and creating several charts to summarize and break down the USDA’s latest farm financial data. There are always a few surprises , such as nonreal estate debts in 2022 jumping higher while real estate debt slowed. For another perspective, inflation-adjusted net farm income averaged $161.9b
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Trimble Agriculture
NOVEMBER 22, 2023
As COVID-era funding runs out and input costs continue to rise, farm income is expected to fall 22 percent in 2023. Even so, it’s important to understand that farm liquidity remains strong and net farm income will still remain well above the 10-year average. billion to $140.4 in the Corn Belt.
Todays Farmer Magazine
APRIL 28, 2023
Unfavorable weather, the Russian invasion of Ukraine, avian influenza and a host of other factors resulted in high commodity prices, high farm production costs and high consumer food price inflation in 2022. Higher fertilizer, fuel and feed costs contributed to a sharp increase in farm production expenses in 2022.
National Sustainable Agriculture Coalition
MAY 10, 2024
On May 1, 2024 – after months of stalled farm bill negotiations on both sides of Capitol Hill – Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) released a detailed section-by-section summary of her farm bill proposal. Strengthening the Farm and Food System Workforce (Sec. 11205, 12201).
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