American Farm Bureau Federation economist Bob Young is watching two red flags for the agriculture economy – land as collateral and FSA loan defaults.
Doubtless, many people spent the better part of their New Year’s celebration watching the clock, waiting for midnight to arrive. But for the agricultural industry, the clock-watching continues – at least until November 9, 2018, rolls around. If things haven’t improved, this could be midnight for dicamba-resistant crops in America. Read[…]Read More »
U.S. Farm Sector Profitability – The USDA Economic Research Service (ERS) has issued an update to its 2017 outlook for net farm income which is forecast to “… increase in 2017. Net cash farm income for 2017 is forecast at $100.4 billion, up $11.2 billion (12.6 percent) from 2016. Net[…]Read More »