More Details from USDA on Data Modernization, Farmer Sentiment Up

Line on Agriculture
The USDA has launched a data modernization plan to enhance digital experiences with farmers.

The Purdue University/CME Group Ag Economy Barometer rose to 135 in August, driven by optimism about the future, with a 13-point increase in future expectations.

Farm Outlook Dims; Trade Tensions Over Brazilian Beef and ScrewWorm Response Grow

Line on Agriculture
The Ag Economy Barometer dropped to 113 in June, with current conditions at 102 and future expectations at 106. Cattle groups oppose the US Trade Representative's potential exemption of Brazilian beef from Section 301 tariffs. Texas Agriculture Commissioner Sid Miller is advocating for ivermectin in livestock feed to combat the New World screwworm spreading in Texas.

Why Purdue Survey Shows Farmer Sentiment Improved

Line on Agriculture
The March Purdue University/CME Group Ag Economy Barometer showed improved farmer sentiment despite ongoing challenges such as tight margins, rising input costs, and higher financial risks. This improvement was partly due to bridge payments.

Farm Struggles Will Impact Grocery Prices

Farm of the Future
Shay Myers, owner of Owyhee Produce, says that if current challenges continue, the impacts could ripple all the way to grocery store prices.

Farmer Survey Shows More Optimism

Line on Agriculture
The Purdue University CME Group Ag Economy Barometer rose to 139 in November, the highest since June, driven by increased optimism about the future. The Future Expectations Index jumped to 144, while the Current Conditions Index dipped slightly to 128. This optimism may be linked to the recent US-China trade pact, which could expand agricultural exports.

Strategies For Diversifying Farm Revenue

Farm of the Future
In today’s evolving ag economy, constantly striving to be the low cost commodity producer can end up being a race to the bottom.

Can Trump Tariff Strategy Lead to Lower Interest Rate?

Line on Agriculture
One commodity market analyst explains how some economists believe that the tariff situations could lead to a lowering of interest rates.

Ag Markets and the US Economy

Line on Agriculture
Market Analyst, Bryan Irey shares his perspective on the ag markets, interest rates and the US economy as a whole.

Part 2: American Farm Bureau Federation on the Importance of a Business Plan

Line on Agriculture
While a lot of farmers have a business plan in their minds, they don't always have it written out and having it in writing is important when it comes to mitigating tough economic times according to an AFBF economist.

Part 1: American Farm Bureau Federation on Status of Ag Economics

Line on Agriculture
The farm sector is still recovering from COVID-19 along with drought and inflation is causing troubled conditions.

Farmers Concerns are Reflected in Latest Ag Economy Barometer Survey

Line on Agriculture
Director for the Purdue University Center for Commerical Agriculture, Jim Mintert says that farmer sentiment regarding the ag economy is dropping according to the survey.

Upsides in a Volatile Agriculture Economy

Line on Agriculture
Farm Credit Services of America, Agricultural Economist and Policy Advisor, Matt Erickson

Ag Economy is Pretty Solid but Not Without Challenges

Farm of the Future
The agricultural economy is in relatively good shape coming into 2023.

Equipment Sales Data is Optimistic

Farm of the Future
Tractors have been trending below their 2021 sales levels, but combines have been showing healthy growth.

Cropland Value Higher and Ag Economy Barometer Rises

The Agribusiness Update
USDA reports 2020 cropland value up nearly 8%, and Purdue University/CME Group Ag Economy Barometer higher in August.