Ag Economy Barometer: Farmer Sentiment Improves

Dan Agri-Business, Economy

Farmer sentiment improved modestly in April as the Purdue University-CME Group Ag Economy Barometer reversed a two-month decline, up six points to 123. The Current Conditions Index rose three points to 129, while the Index of Future Expectations rose seven points to 120. More producers expect prime interest rates to either hold steady or possibly decline during the next 12 …

Preparing For Another Interest Rate Hike

Dan Agri-Business, Economy

Wall Street is preparing for another interest rate hike from the Fed. Mark Oppold has more details. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Additional Assistance for Farm Loan Borrowers

Dan Agri-Business, Economy, Funding, This Land of Ours, USDA-FSA

There’s more assistance on the way for some farm loan borrowers. That’s coming up on This Land of Ours. The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced, on May 1, 2023 (see below News Release), that nearly $130 million in additional, automatic financial assistance has been obligated for qualifying farm loan program borrowers who are facing financial …

World Bank: Commodity Prices to Drop Through 2024

Dan Agri-Business, Commodities, Economy, Field Crops, This Land of Ours

Look for a drop in commodity prices through next year. That’s coming up on This Land of Ours. Global commodity prices are expected to drop this year at the fastest clip since the beginning of COVID-19. A World Bank report says that clouds the prospective growth of approximately two-thirds of the developing economies that depend on exports. The Commodity Markets …

Number of U.S. Farms Continues to Decline

Dan Agri-Business, USDA-ERS

New data released this week by USDA’s Economic Research Service (ERS) shows the number of U.S. farms continues to decline. After peaking at 6.8 million farms in 1935, the number of U.S. farms and ranches fell sharply through the early 1970s. Researchers say the rapidly falling farm numbers in the mid-20th century reflect the growing productivity of agriculture, increased mechanization, …

Taylor Leads USDA Trade Mission to the Netherlands

Dan Agri-Business, Exports/Imports, This Land of Ours, Trade

A U.S. trade mission to the Netherlands. That’s coming up on This Land of Ours. USDA Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor launched the first-ever regional agribusiness trade mission to the Netherlands in Amsterdam. The delegation includes representatives from 31 agribusiness and farm organizations and ten state departments of agriculture. The group aims to expand economic …

Optimism in the Ag Equipment Market

Dan Agri-Business, Economy

While equipment manufacturers are still recovering from the pressures of the COVID-19 pandemic, they continue working toward a state of normalcy. Association of Equipment Manufacturers (AEM) Senior Vice President, Government and Industry Relations Kip Eideberg, says supply chain pressures and a lack of workforce retention have been ongoing struggles for the industry, and individual sectors are facing their own problems …

NPPC Urges Quick Passage of the Beagle Brigade Act

Dan Agri-Business, Livestock, National Pork Producers Council (NPPC), Pork

The National Pork Producers Council (NPPC) is urging quick passage of the Beagle Brigade Act of 2023. The Act, H.R. 1480 and S.759, was reintroduced in the U.S. House of Representatives and U.S. Senate. The legislation would provide permanent authorization for the USDA’s National Detector Dog Training Center. NPPC notes this is important as safe and reliable food production is critical to …