The most recent Beige Book (May 2019) released by Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions “remained weak” although “a few Districts reported some improvements.”
The Federal Reserve Bank released the January 2019 edition of its Beige Book. The report contains observations on the economic situation for each of the 12 Federal Reserve Districts.
While most districts said conditions had largely softened, the districts furthest south (Dallas) and west (San Francisco) noted improvement in their areas.
The Federal Reserve Board released most recent edition of its Beige Book on Oct. 24. The report contains observations on the economic situation for each of the 12 Federal Reserve Districts with several of the districts including commentary on agriculture within their areas.
In the August issue of its “Agricultural Finance Databook,” the Federal Reserve Bank of Kansas City reports that agricultural banks nationally were able to sustain strong profits that continue to support favorable loan terms to the ag sector.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.