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...
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...
Farmers, ranchers, and agribusiness in territories across the U.S. will have a stronger partner to help them build their operations for the future, with Farm Credit of New Mexico announcing its intent to merge into American AgCredit. The new...
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...
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...
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...
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,...
Source: USDA news release Washington - USDA's Risk Management Agency (RMA) is authorizing self-certification on replant inspections and waiving witness signatures in certain situations as part of a broader suite of flexibilities to support producers during the coronavirus pandemic. Specifically, Approved...
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