Ag Economy

Time is running out for Congress to pass a farm bill that would address an agricultural economy that is in a downward spiral. More than 300 agricultural organizations, including the …

USDA’s Economic Research Service expects 2023 farm incomes to decline nearly 16% compared to 2022 due to lower cash receipts, smaller government payments and higher production expenses. U.S. net farm …

DENVER (December 13, 2022)—The U.S. economy still has considerable momentum and is not currently on the verge of recession. However, economists have never been more pessimistic and there are very …

The U.S. economy continues to outperform expectations as stimulus funds are fueling robust consumer spending. Consensus forecasts point to 7% GDP growth for 2021, the fastest rate of expansion since …

Farmers and ranchers are expected to receive higher cash value for their crops and livestock in 2021, but direct government payments will fall this year, leading to an overall 8.1% …

The U.S. animal protein sector is expected to face a 12% increase in feed costs in 2021, which will mark the highest year-over-year inflation since 2011. With corn futures above …

USDA’s September 2020 farm income projections suggested net farm income (a broad measure of farm profitability across the entire farm sector) would reach $103 billion this year, up 23% from …

By many measures, beef demand has remained remarkably strong since the pandemic started in March.  The first half of the year was characterized by unparalleled disruptions in both beef supply …

On September 18th, the USDA announced the second round of payments from the Coronavirus Food Assistance Program (CFAP) that would provide up to $14 billion in disaster relief .  Eligible farmers and …

By Kate Fuller, Assistant Professor and Extension Specialist, Department of Agricultural Economics and Economics at Montana State University.  For the last three years, Anton Bekkerman and I have run a survey with …