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Ag Economy

  • Ag News StoriesNews

    Forces That Will Shape the U.S. Rural Economy in 2023

    by Colter Brown December 13, 2022
    December 13, 2022

    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…

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    U.S. Economy Gains Momentum, Improved Margins Expected for Ag

    by Colter Brown April 9, 2021
    April 9, 2021

    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…

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    USDA Forecasts Higher Sales and Lower Farm Income in 2021

    by February 6, 2021
    February 6, 2021

    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%…

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  • Ag News StoriesLivestock NewsNews

    Surging Feed Prices Will Challenge the Livestock Sector’s Recovery

    by December 10, 2020
    December 10, 2020

    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…

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    2020 Farm Profitability: A False Positive

    by December 3, 2020
    December 3, 2020

    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…

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  • Ag News StoriesLivestock NewsNews

    The Current State Of Beef Demand

    by November 24, 2020
    November 24, 2020

    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…

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    How Were CFAP Funds Allocated in Montana?

    by September 29, 2020
    September 29, 2020

    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…

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  • Ag News StoriesGrain NewsNews

    How Are Montana Farmers Feeling About the Ag Economy?

    by September 7, 2020
    September 7, 2020

    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…

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  • Ag News StoriesNews

    Farm Debt Just Short of Record Levels

    by March 11, 2020
    March 11, 2020

    A new analysis shows total farm debt is near record levels and farm real estate debt is at an all-time high. Agricultural Economic Insights found that, total debt stands at…

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    Net Farm Income Forecast Higher in 2019

    by December 4, 2019
    December 4, 2019

    U.S. net farm income is now forecast at $92.5 billion for 2019, up $8.5 billion (10.2%) from the 2018 level, according to USDA’s November 2019 Farm Income Forecast. In inflation-adjusted…

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