by Staff Editor | Nov 6, 2024 | 5 Ag Stories, News
October provided a surprising pre-election bounce in farmer sentiment as the Purdue University-CME Group Ag Economy Barometer climbed to 115, 27 points above the September index. The biggest driver of the sentiment improvement was an increase in producers’ confidence...
by Staff Editor | Nov 5, 2024 | 5 Ag Stories, News
The Farm Credit System reported that combined net income was relatively stable at $1.98 billion for the third quarter of 2024, as compared with $2 billion for the third quarter of 2023. For the nine months ending on September 20, 2024, FCS’s combined net income...
by Staff Editor | Nov 4, 2024 | 5 Ag Stories, News
Farmers are taking out loans at a rate and scale not seen in years as weakened crop prices weigh on the agricultural sector, according to a report from the Federal Reserve Bank of Kansas City. The volume of new operating loans increased at its fastest pace since 2017,...
by Staff Editor | Nov 1, 2024 | 5 Ag Stories, News
A new Q4 2024 pork report from Rabobank says improved profitability is slowing herd contractions in most regions. However, producers are taking a cautious approach to expansion. Disease pressure in parts of Europe, South Korea, and Southeast Asia are slowing...
by Staff Editor | Oct 30, 2024 | 5 Ag Stories, News
The 2022 Census of Agriculture showed about 40 percent of American farmers worked 200 or more days off the farm in 2022. The majority, 93 percent, of the 3,078 U.S. counties for which data was reported had at least 30 percent of producers working 200 or more days off...
