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Fed’s August Beige Book Reports Continued Weak Ag Conditions

September 6, 2019 | Posted in Data & Trends

The most recent Beige Book (August 2019) released by the Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions “remained weak as a result of unfavorable weather conditions, low commodity prices and trade-related uncertainties.”

Farmer Sentiment Plunges Following Falling Crop Prices

September 5, 2019 | Posted in Data & Trends

Source: Purdue University, CME Group

After rising sharply two months in a row, the Ag Economy Barometer weakened significantly in August and fell back to a reading of 124, down 29 points compared to a month earlier and just slightly below the June reading of 126.

Net Farm Income Projected to Increase 4.8% in 2019

September 4, 2019 | Posted in Data & Trends

Source: USDA

According to the USDA’s August 2019 Farm Income Forecast, released Aug. 30, net farm income is forecast to see a $4 billion increase or a 4.8% improvement in 2019, following increases in both 2017 and 2018. Adjusted for inflation, that amounts to $2.5 billion or 2.9%.

Illinois Farmland Values Hold Steady; Cash Rents Down Slightly

August 28, 2019 | Posted in Data & Trends

“Static” is likely the best way to describe what is happening with prices being paid for Illinois farmland when comparing sales activities from Jan. 1 through the end of July this year.

KC Fed: Farm Economy Still Weak; Farm Income, Credit Show Signs of Stabilizing

August 23, 2019 | Posted in Data & Trends

Results of the Kansas City Federal Reserve’s Ag Credit Survey issued on Aug. 8, 2019, shows farm Income in the Tenth District remained weak in the second quarter, but the pace of decline slowed.

USDA’s Revised 2017 Ag Census Farmland Values Rise ‘Modestly’ vs. Previous Census

August 22, 2019 | Posted in Data & Trends

A key component of a farmer’s ability to borrow and access to credit is the value of the land they own.

[Audio Edition] Ag Equipment Intelligence Audio Newsletter — August 2019

Here is the Audio Edition of Ag Equipment Intelligence's August 2019 newsletter. This additional new format is another way for Ag Equipment Intelligence VIP members and subscribers to stay up-to-date with the latest news and trends from the worldwide farm equipment industry.

August 19, 2019 | Posted in Data & Trends

Here is the Audio Edition of Ag Equipment Intelligence’s August 2019 newsletter. This additional new format is another way for Ag Equipment Intelligence VIP members and subscribers to stay up-to-date with the latest news and trends from the worldwide farm equipment industry.

2019 vs. 2017 Machinery Per-Acre Costs Increased 7-9%

August 19, 2019 | Posted in Data & Trends

Between 2017 and 2019, most machinery per-acre costs increased by 7-9%, according to an Aug. 6, 2019 report from the University of Illinois Department of Agricultural and Consumer Economics (Machinery Cost Estimates for 2019).

Minneapolis Fed: Trade, Weather Issues Linger, But Farmers ‘A Bit More Willing to Buy Equipment’

August 16, 2019 | Posted in Data & Trends

Ag lenders in the Federal Reserve’s Ninth District remained concerned about trade and weather challenges confronting farmers but say the earlier price rally bolstered growers’ immediate outlook, says Joe Mahon, the district’s director of regional outreach, in summarizing the second quarter 2019 Agricultural Credit Conditions Survey.

Farmland Values Slip 1% in Chicago Fed District; Credit Conditions Weaken

August 16, 2019 | Posted in Data & Trends

Farmland values for the Seventh Federal Reserve District were down 1% in the second quarter of 2019 compared to the same period of 2018, according to the Federal Reserve Bank of Chicago’s August Ag Letter.

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Data & Trends
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Fed’s August Beige Book Reports Continued Weak Ag Conditions

Farmer Sentiment Plunges Following Falling Crop Prices

Net Farm Income Projected to Increase 4.8% in 2019

Illinois Farmland Values Hold Steady; Cash Rents Down Slightly

KC Fed: Farm Economy Still Weak; Farm Income, Credit Show Signs of Stabilizing

USDA’s Revised 2017 Ag Census Farmland Values Rise ‘Modestly’ vs. Previous Census

[Audio Edition] Ag Equipment Intelligence Audio Newsletter — August 2019

2019 vs. 2017 Machinery Per-Acre Costs Increased 7-9%

Minneapolis Fed: Trade, Weather Issues Linger, But Farmers ‘A Bit More Willing to Buy Equipment’

Farmland Values Slip 1% in Chicago Fed District; Credit Conditions Weaken

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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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