Strong commodity prices are holding up the agricultural economy in many parts of the country, but experts from the Kansas City Federal Reserve say producers in their district need some consistent rainfall in 2023.
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Rising interest rates have farmers and lenders putting extra thought toward operational costs. Taylor Sumption is a crop farmer just north of Aberdeen. The South Dakota farmer said the higher interest rates will make his annual loans cost more for things like putting his crops in the ground. “For example, looking at putting in a […]
The post Farmers brace for rising interest rates after years of steady lows appeared first on Daily Montanan.
Rising interest rates are impacting farm decisions well before the 2023 planting season and could remain a factor for years to come.
American farmers have managed to stay afloat despite years of shrinking crop values, the lowest incomes since the recession and a budding trad…
Falling commodity prices and sliding farmland values have pushed some farmers into troubling financial territory. Although it’s difficult to think about the future when farmers are worried about making mortgage payments or paying off equipment, farmers need to be proactive in taking stock of their situations and talking with their lenders.
STRATFORD, Wis. – Wisconsin farmland is apt to command a premium if it’s selling within about 3 miles of a Concentrated Animal Feeding Operation, says Simon Jette-Nantel, University of Wisconsin-River Falls farm business-management specialist. He said he’s heard that from farm appraisers and his own analysis verified it.
Editor's note: The Federal Reserve said today (Sept. 20) it will keep the federal funds interest rate steady at 1 percent to 1 1/4 percent. Fo…
The current farm economic outlook presents challenges, but experts say there are key differences that will prevent it from being another situation like the 1980s farm crisis.
The current farm economic outlook presents challenges, but experts say there are key differences that will prevent it from being another situa…
WASHINGTON - The U.S. Department of Agriculture’s Commodity Credit Corporation today (June 1) announced interest rates for June 2017. The Comm…
While interest rates for farm loans remain relatively low, gradual increases suggest farm managers should be prepared to deal with higher rate…
While interest rates for farm loans remain relatively low, gradual increases suggest farm managers should be prepared to deal with higher rate…
While interest rates for farm loans remain relatively low, gradual increases suggest farm managers should be prepared to deal with higher rate…
The U.S. Department of Agriculture’s Commodity Credit Corporation announced May 1 interest rates for May 2017. The Commodity Credit Corporatio…
The Federal Reserve’s Open Market Committee unanimously agreed to leave interest rates where they are following a two-day meeting in Washington, according to a statement released this afternoon (May 3).
AMES, Iowa — The three-year downward slide in Iowa farmland values appears to have stopped, at least temporarily, according to a survey releas…
ST. LOUIS — Midwest and Mid-South farm income and expenditures fell during the fourth quarter of 2016, according to the latest Agricultural Finance Monitor published by the Federal Reserve Bank of St. Louis. Meanwhile, quality farmland values and ranchland or pastureland values also declined.
Whether it’s a short-term blip or a longer-term trend, interest rates are moving slightly higher.
MT. VERNON, Ill. — Midwest farmers, in general, have weathered a sputtering income stream in recent years well. But they may start feeling the…
MT. VERNON, Ill. — Midwest farmers, in general, have weathered a sputtering income stream in recent years well. But they may start feeling the…
MT. VERNON, Ill. — Midwest farmers, in general, have weathered a sputtering income stream in recent years well. But they may start feeling the…
Editor’s note: The following was written by Gary Schnitkey, University of Illinois ag economist, for the university’s Farmdoc Daily website.
Editor’s note: The following was written by Gary Schnitkey, University of Illinois ag economist, for the university’s Farmdoc Daily website.
Editor’s note: The following was written by Gary Schnitkey, University of Illinois ag economist, for the university’s Farmdoc Daily website.
Editor’s note: The following was written by Gary Schnitkey, University of Illinois ag economist, for the university’s Farmdoc Daily website.
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