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Below you'll find a list of all posts that have been categorized as “Economy”
There are questions as to whether crude oil futures may have seen their low for the year yet. Mark Oppold has more details on what that could mean for on the farm fuel needs. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Over half of the 70 ag economists surveyed in Farm Journal’s Monthly Survey of Ag Economists believe the U.S. agriculture economy is in a recession. The other economists believe the ag economy is on the brink of a recession. The economists who believe the ag economy is on the brink of a recession is up from those who responded that …
In the aftermath of three hurricanes to affect Florida communities, homes, farms and businesses this year, the U.S. Department of Agriculture (USDA) continues to deploy staff to assist with response and recovery efforts. USDA has put in place plans and program flexibilities to ensure farmers, and foresters and communities are able to get the support they need. The USDA Farm Service …
One thing to look forward to next year are higher standard tax deductions. Mark Oppold has the numbers, along with a look at the projected net farm income for this year. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Corn farmers could be in for their worst year in close to two decades, economists say, as the Federal Reserve reports that crop prices remain “unprofitably low” in its latest assessment of economic conditions. Last week’s Federal Reserve Beige Book largely “confirmed things we were already thinking,” Michael Langemeir, a professor of agricultural economics at Purdue University, told Agriculture Dive, …
A new economic study warns that a renewed trade war between the U.S. and China could severely harm American farmers while benefiting Brazil and Argentina. The study, conducted by World Agricultural Economic and Environmental Services, was commissioned by the American Soybean Association (ASA) and the National Corn Growers Association (NCGA). It highlights the risks of imposing new tariffs on Chinese …
The Farm Service Agency (FSA) has updated its Loan Assistance Tool (LAT) to better assist lenders with the loan application process. Originally designed to help farmers and ranchers streamline their loan applications, the LAT now offers new features tailored to meet the needs of lenders, improving access to resources and simplifying loan guarantees. The LAT provides an interactive, step-by-step guide, …
Cuts in interest rates are once again topping conversations on Wall Street. Mark Oppold explains what the thinking is at this time. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
With the Tax Cuts and Jobs Act expiring at the end of next year, the National Cattlemen’s Beef Association (NCBA) is kicking off a major push on tax policy for the year ahead. Rusty Halvorson has the story. NCBA President Mark Eisele says he’s concerned about what he’s hearing from Capitol Hill regarding the possible future direction of tax policy. “I …
With harvest continuing across the growing areas of our country, agricultural futures continue to struggle. Mark Oppold has an update on what traders are facing right now. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
