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Farm credit conditions weaken across Upper Midwest

Farm credit conditions weaken across Upper Midwest

Financial pressure is building in farm country. The Federal Reserve Bank of Chicago reports that agricultural credit conditions across the Upper Midwest weakened in the second quarter compared with a year ago. Bankers highlight commodity price volatility, high production costs, and tighter cash flow as key challenges. Chicago Fed Policy Advisor David Oppedahl says cash flow issues are causing severe loan repayment problems, hitting an all-time high since 2020. Rather than borrowing to expand...

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Iowa farmers experiencing skyrocketing land values

Iowa farmers experiencing skyrocketing land values

Farmland values hit all-time highs this year even as the rate of increase has slowed. Farmers and ranchers have experienced firsthand the ever-increasing value of farmland, and a new analysis lays out those numbers. Danny Munch, an economist with the American Farm...

Iowa AG industry watches changing tariff landscape

Iowa AG industry watches changing tariff landscape

Many facets of the U.S. economy have felt the effects of changing tariff policy over the past year. In Iowa, those impacts can reach especially far, with so many businesses and communities tied directly or indirectly to agriculture and an industry heavily dependent on...

Senate farm bill stalls over SNAP dispute

Senate farm bill stalls over SNAP dispute

The Senate Agriculture Committee failed to advance its Farm Bill Thursday after Democrats rejected the Republican proposal in a 10-11 vote, leaving the legislation without a clear path forward. Committee Chairman John Boozman recessed the markup after negotiations...

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Research highlights where agrivoltaics works best

Research highlights where agrivoltaics works best

As more farmland is considered for solar energy development, researchers are exploring whether crops and clean energy can successfully share the same acres. The USDA-funded SCAPES project – short for Sustainably Colocating Agricultural and Photovoltaic Electricity...

Senator Grassley discusses farm bill fallout

Senator Grassley discusses farm bill fallout

United States Senator Chuck Grassley (R-IA) is back in Iowa after the Senate Agriculture Committee failed to advance its farm bill last Thursday and the Senate is in its August recess. Senator Grassley says he will be engaging with Iowa’s farmers to talk to them about...