Latest News From Farm Economy

Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024. 

The national average for a gallon of gas is now $3.07, the lowest since 2021.

Economic growth is stalling in rural America. That’s according to the Rural Mainstreet Index (RMI) from Creighton University. 

Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.

For 18 straight months, the rural economy has posted healthy and consistent growth, yet signs of weakness may be surfacing.

For 17 straight months, the rural economy has posted healthy and consistent growth. That’s according to the March Rural Mainstreet Index (RMI) from Creighton University.

For 14 straight months, the rural economy has posted healthy and consistent growth.

For nearly a year, the rural economy has shown consistent growth, according to the Creighton University Rural Mainstreet Index (RMI).

The strength and timing of the economic recovery are contingent on three uncertain factors.

A trade deal with China continues to weigh on the minds of producers in the new ag barometer from Purdue University and CME Group.

The USDA Economic Research Service on Friday updated their net farm income forecast for 2019.

The first tranche is slated for August.

Canada’s Minister of Agriculture, Mexico’s Secretary of Agriculture joined Perdue and took questions from the audience. They didn’t have many answers when asked when steel and aluminum tariffs may be lifted.

A new University of Wisconsin-Madison program, called Bucky’s Tuition Promise, provides free tuition for students from low- and moderate-income households.

Updates from Clinton Griffiths and AgDay TV Live on Washington policy, snow and Milk prices potential

The USDA has released its 10-year milk projections.

Andrews University in Berrien Springs, Michigan is no longer able to weather the uncertainty in the dairy industry and has a plan to close the doors to its dairy operation the summer of 2019.

House Agriculture Committee Chairman Michael Conaway said he’s delaying the release of a draft version of the 2018 Farm Bill as he seeks bipartisan support.  

USDA projects a drop in farm income

Nutella Maker to Pay $2.8 Billion for Nestle U.S. Candy Unit

What are possible outcomes if Pres Trump follows through on threat to withdraw from NAFTA?

Business Lobby Risks Clash With Trump on Trade, Immigration 

As we get closer to 2018 economists are watching 5 important variables that could impact the dairy economy.  

Nafta Negotiators Placing Top Focus on Carmaking and Finance

NAFTA Ministers Extend Trade Talks into 2018 amid Deadlock

U.S. president pressing for changes opposed by some businesses.

In the current economic environment, having a solid relationship with your banker is critical. This week at World Dairy Expo, Arthur Moessner, Vice President – Dairy Team Lead, American AgCredit gave farmers some tips to improve their rapport with their banker, and also some pitfalls to avoid.  

In April, Grassland Dairy Products, located in Greenwood, Wisc., notified its producers they had until the end of the month to find a new processor. 

President's grades are mixed on four major agricultural issues, says ag policy expert.

Saudi Arabia is biggest market in Gulf region for Irish food.  

EU farm aid no longer offsets slump from EU’s Russia sanctions.

Huishan shares dropped as much as 4.3% before being suspended.

New Hampshire governor endorses aid for ailing dairy farmers

Few places in Pennsylvania have seen a more dramatic decline than Erie County, where the number of dairy farms fell 57 percent between 2002 and 2012, sliding from 170 to just 73.

The Dairy Producers Task Force in New Hampshire will meet next week to discuss ways to preserve the dairy industry in the state.

Nearly 400 dairy farms went out of business in Wisconsin last year.

Amid a rash of dairy farm closures, federal agriculture officials are teaming with their New Hampshire counterparts to hear from farmers about the challenges they face as they contend with a long-running drought and low milk prices.

It's been more than a year of sustained low milk prices. For small farms like Sugar Hill Dairy, a first-generation operation started 15 years ago in Kersey, Colo., that means difficult choices.

FAO gauge of dairy products jumped 14 percent in September.

Billionaire French Milk King Shaken by Lactalis Farmer Protests

New Zealand dairy crisis spurs debate over Fonterra’s strategy, while approximately 80% of Kiwi dairy farmers are operating at a loss.

Path to farm ownership in New Zealand jeopardized by downturn.

Minnesota's crop, livestock and dairy farmers are suffering with continuing rock bottom prices for their commodities, driving some into bankruptcy.

China Huishan Dairy sells 50,000 cows and leases them back.

Low dairy incomes may bolster case for another RBNZ rate cut.