During Agriculture Secretary Sonny Perdue’s visit to Georgia recently, a major topic of discussion was Rural Prosperity. Tyron Spearman talked with University of Georgia’s College of Agricultural and Environmental Sciences Dean and Director, Sam Pardue about these efforts. Sponsored ContentCommitment From Florida Cattle Enhancement Board Members Seeks To Move Research ForwardDecember 5, 2025Florida Cattle Enhancement Board Provides Support For Cattle Producers …
Perdue Wants to Improve Rural Conditions
During his visit to Tifton, Georgia last week, Agriculture Secretary Sonny Perdue talked about efforts to improve conditions in rural areas. Tyron Spearman was there and has the story. Sponsored ContentCommitment From Florida Cattle Enhancement Board Members Seeks To Move Research ForwardDecember 5, 2025Florida Cattle Enhancement Board Provides Support For Cattle Producers Regardless of Herd SizeNovember 28, …
USDA Forecasts Increase in Farm Income
The Department of Agriculture Wednesday predicted a slight increase in farm income for 2017, reversing three years of major decline. The August update of the farm income forecast predicts net cash farm income for 2017 at $100.4 billion, up $11.2 billion, or 12.6 percent, from 2016. Net farm income, a broader measure of profits, is forecasted at $63.4 billion, up …
Farm Debt Likely to Reach All-Time High in 2017
Low commodity prices have made things tough by bringing down land values, tightening balance sheets, and increasing the stress level of America’s producers. Unfortunately, that means farmers are continuing to take on more debt. The amount of outstanding farm debt is likely to reach an all-time high this year. Brent Gloy of Agricultural Economic Insights says if the debt level …
Farm Machinery Stocks Drop After USDA Reports
Last week’s Department of Agriculture crop reports sent stocks of farm machinery companies lower. USDA on Thursday reported higher than expected crop yields in the August round of crop reports, which includes key yield speculations. Following the report stocks of Agco and Deere dropped roughly 2.5 percent each. CNH Industrial, the manufacture of Case and New Holland, dropped 1.5 percent …
Farmers Still Support Trump but Worry Over Farm Bill
While some polls say President Trump’s support base has begun to slip, a new Farm Futures survey shows a majority of farmers (55 percent) would give Trump an A or B if they were to assign a grade to him on domestic issues. 26 percent would give him a C. The survey found that farmers seem to be mostly okay …
Farm Economy May Be Starting to Stabilize
The prolonged downturn in the farm economy continued in the second quarter of 2017. However, data from the Kansas City Fed’s Survey on Agricultural Credit Conditions shows the farm economy may finally be starting to stabilize. While economic conditions did continue to weaken in the second quarter, the pace of that deterioration has slowed. While the farm loan repayment rate …
Farmers Indicate Higher Outlook on Farm Economy
Farmers surveyed as part of the Purdue/CME Group Ag Economy Barometer indicated more optimism in July because of better commodity prices expectations this fall. The monthly survey for July reached 139, its highest level since January 2017, and its second-highest level since data collection began in October 2015. The increase continues a trend seen over the summer of more optimism …
New Survey of Farm Lenders
A new survey of farm lenders gives us a look at how they view the financial situations of their farmer borrowers. Gary Crawford has the details. Sponsored ContentCommitment From Florida Cattle Enhancement Board Members Seeks To Move Research ForwardDecember 5, 2025Florida Cattle Enhancement Board Provides Support For Cattle Producers Regardless of Herd SizeNovember 28, 2025Florida Cattle Enhancement Board Expands …
Current Farm Downturn Not Likely to Reach 1980’s Crisis
A report by a Farm Credit Administration economist told the Administration’s board members last week that the current downturn in the farm economy is not likely to reach a 1980s-style crisis. Farm Credit chief economist Stephen Gabriel said the “likelihood of this is very low,” adding that a confluence of adverse factors led to the crisis that occurred in the …