Farm households often earn higher incomes than other types of households. In 2018, 57 percent of U.S. farm households received incomes at or above the median for all U.S. households, which was $63,179 that year. ERS classifies farm households into...
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...
Winnipeg, Manitoba & Ames, IA - Farmers Edge, a global leader in digital agriculture, today announced that it is modernizing agricultural lending, moving beyond the "five C's of credit" to a data-driven model that will fuel the next era...
Source: Farmers National Co. news release As we work our way through the fall and early winter farmland sale season in which the volume of auctions, bid sales, and listings picks up, we are seeing a range of results across...
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.
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...
DTN reports: Dallas, TX - Jason Henderson, director of Purdue University Extension and former Federal Reserve economist, is tired of talking about the 1980s. "Where we're at in the ag business cycle, it's not the '80s," he told a national meeting...
No matter your age, it is never too early or late to put together a 10-year strategic plan for your farm. “Farmers are always busy with their daily and seasonal tasks,” says Dean Dyck, farm business management specialist at the...
Source: Growth Energy news release Washington, D.C. - Growth Energy, the world's largest ethanol trade association, announced the addition of The Andersons, Inc. as its newest producer plant member. This addition brings Growth Energy's membership to a total of 103...
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