It’s no great secret that modern farming requires significant amounts of capital.  Capital expenditures made by farm businesses can be quite volatile, typically rising as incomes increase and falling as they decrease.  This volatility creates lots of challenges for...
Source: USDA news release To view the complete report, click here. Forecasts and estimates of farm sector income with component accounts: for the United States, 1910-2019F; and for States, 1949-2018. Updated November 27, 2019.
ource: NAFB news service Things have been hard in agriculture and more specifically, it's been hard to be a farmer. Wet weather, low crop prices, as well as trade disputes have put some farmers on the edge. Financial stress is taking...
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today they are expanding their insurance offering in the Farm & Ranch Insurance market with the practice being led by Chris Moore...
Source: Univ of Illinois news release A diverse group of lenders provides credit to U.S. agriculture outside traditional farm lending relationships. As discussed in the first article in our series, nontraditional finance can be a categorized into three groups: high-volume,...
To view the complete report, click here. Denver, CO - The U.S. rural economy will continue to face headwinds in 2020 and is expected to underperform relative to the economy of urban America. Since 2014, GDP growth in rural counties...
Today, Federal Agriculture and Agri-Food Minister, Marie-Claude Bibeau, and Saskatchewan Agriculture Minister, David Marit, announced the deadline to apply, reinstate, cancel or make changes to Crop Insurance contracts is extended to April 13, 2020. Producers interested in Crop Insurance coverage...
Inflation-adjusted U.S. net cash farm income (gross cash income less cash expenses) is forecast to increase $13.6 billion (12.9 percent) to $119.0 billion in 2019. U.S. net farm income (a broader measure of farm sector profitability that incorporates noncash items...
Rural industries are grappling with how to adjust their businesses to remain relevant and sustainable in the face of the coronavirus pandemic. Agricultural supply chains have been massively disrupted and lost revenue. Water and power suppliers have adapted as...
Ag Economic Insights reports: Several weeks ago, we wrote about five macroeconomic factors to monitor in 2020. As one reader pointed out, surging unemployment claims could pose challenges for an already fragile farm economy. This week's post is a look...
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