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Farm Household Income Forecast to Increase for Commercial & Intermediate Farms in 2020

January 11, 2021 | Posted in Data & Trends

In 2020, USDA’s Economic Research Service (ERS) expects the inflation-adjusted median household income for the principal operators of commercial and intermediate U.S. farms to increase by an estimated 29.6% and 4.9%, respectively.

Farmer Sentiment Rises as Income Prospects Improve

January 6, 2021 | Posted in Data & Trends

Farmer sentiment improved modestly in December as the Ag Economy Barometer rose to a reading of 174, up 7 points from November.

Dallas Fed Reports Weaker Ag Conditions in 4Q20 Survey

December 30, 2020 | Posted in Data & Trends

Survey respondents pointed to extreme drought conditions that made a hard year even harder, with crop yields below average in some regions.

Ag Lending Update: Ag Banks Trim Farm Lending

December 9, 2020 | Posted in Data & Trends

Farm loans outstanding at commercial banks declined in the third quarter and non-performing loans edged slightly higher. Reduced lending at agricultural banks contributed most significantly to the further decline in outstanding loan balances.

November Beige Book: Ag Conditions Improve Modestly

December 9, 2020 | Posted in Data & Trends

Most Federal Reserve Districts have characterized economic expansion as modest or moderate since the prior Beige Book period. However, four Districts described little or no growth, and five narratives noted that activity remained below pre-pandemic levels for at least some sectors.

Net Cash Farm Income Forecast to Rise 21.1% in 2020

December 9, 2020 | Posted in Data & Trends

Inflation-adjusted U.S. net cash farm income (NCFI)—gross cash income minus cash expenses—is forecast to increase $23.4 billion (21.1%) to $134.1 billion in 2020.

Farmer Sentiment Pulls Back Post-Election; Regulation, Trade & Taxes Rated as Top Concerns

December 1, 2020 | Posted in Data & Trends

U.S. farmers' sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167.

Minneapolis Fed: Ag Outlook Improves on Good Harvests, Federal Aid

November 30, 2020 | Posted in Data & Trends

Pandemic-relief aid along with mostly bountiful harvests in the Ninth District and a slight recovery in prices have painted an optimistic picture for the end of 2020, according to the Federal Reserve Bank of Minneapolis’ third-quarter (October) agricultural credit conditions survey.

[Technology Corner] Scaling Farms to fit Technology Value

By Jack Zemlicka posted on November 19, 2020 | Posted in Data & Trends, Technology

According to the USDA’s Farm and Land in Farms report published earlier this year, the average U.S. farm size has increased about 10 acres from 2012-2019, to 444. But the number of farms has decreased by more than 86,000 during that same span.

KC Fed: Ag Credit Conditions Up on Improved Commodity Prices

November 19, 2020 | Posted in Data & Trends

The outlook for agricultural credit conditions in the Tenth District improved in the third quarter alongside increases in commodity prices and the announcement of additional government aid.

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Data & Trends
RSS

Farm Household Income Forecast to Increase for Commercial & Intermediate Farms in 2020

Farmer Sentiment Rises as Income Prospects Improve

Dallas Fed Reports Weaker Ag Conditions in 4Q20 Survey

Ag Lending Update: Ag Banks Trim Farm Lending

November Beige Book: Ag Conditions Improve Modestly

Net Cash Farm Income Forecast to Rise 21.1% in 2020

Farmer Sentiment Pulls Back Post-Election; Regulation, Trade & Taxes Rated as Top Concerns

Minneapolis Fed: Ag Outlook Improves on Good Harvests, Federal Aid

[Technology Corner] Scaling Farms to fit Technology Value

KC Fed: Ag Credit Conditions Up on Improved Commodity Prices

Get all things Ag Equipment Intelligence all the time!

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Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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