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.

Despite years of persistently low commodity prices and the COVID-19 pandemic, the mood of some Ninth District agricultural bankers is surprisingly upbeat, according to a recent Federal Reserve Bank of Minneapolis survey.

The Minneapolis Fed’s first quarter agricultural credit conditions survey, conducted during April, sheds some light on the early impacts of the pandemic on farmers and ranchers.

In this podcast we report on Deere & Co.'s third quarter earnings, which saw net sales increase 32%. In the Technology Corner, Jack Zemlicka discusses precision farming dealers' 5-year investment projections. With uncertainty stemming from tariffs, trade and commodity prices we also look at how manufacturers, dealers and producers are responding. Finally, according to the Federal Reserve Bank of Minneapolis, farm income, capital spending and farmland values are all down.