federal reserve

The top economist for the American Farm Bureau predicts fuel and fertilizer prices will stay high the next couple of years as commodity prices further squeeze farm margins.  Roger Cryan said input inflation spurring higher interest rates will make farming more expensive, and may stick around into 2024. “...

"At the Federal Reserve we are strongly committed to achieving maximum employment and price stability," said chairman of the Federal reserve, Jerome Powell, as he recently announced what could be the first of a series of interest rate hikes in 2022 ...

Several analysts agree that agriculture and the ag economy has undergone a reset associated with the COVID-19 pandemic and it's impacts. But does that mean a positive economic outlook for ag in 2022 and beyond? "We may not see conditions on '22 be particularly concerning," said Nathan Kauffman of the Federal Reserve in Kansas City ...

Smaller sized loans limited agricultural lending activity at the end of 2021. The Survey of Terms of Lending to Farmers shows non-real estate agricultural loans at commercial banks decreased by 13% in the fourth quarter, and the yearly average was the lowest since 2012 ...

Agricultural lending at commercial banks continued to decline but showed some signs of stabilizing in the third quarter. Data reported by the Kansas City Federal Reserve Bank this week shows farm debt decreased at the slowest pace in two years ...

The boards of directors for the U.S. Wheat Associates and the National Association of Wheat Growers met last week in Kansas City. Supply chain issues were one of many topics during the meetings. “Supplier delivery times have slowed dramatically, not only for manufacturers but also for service providers,” said Esther George, President and CEO of the Federal Reserve Bank of Kansas City, one of the

Demand for livestock loans grew in the third quarter, boosting agricultural lending activity. However, demand for operating loans was more subdued, and total non-real estate lending remained near its average of the past decade. The Kansas City Federal Reserve Bank announced recently the average size of loans for some livestock categories reached an all-time high and contributed to the increased l

A sharp turnaround in agricultural economic conditions and lasting support from government programs is boosting farm income and loan repayment rates. Both increased from a year ago at the fastest pace on record. The Kansas City Federal Reserve Bank released its quarterly Ag Credit survey Thursday ...

Market conditions, including the COVID-19 pandemic, brought more volatility to commodities in 2020, along with higher demand and prices for things like lumber. But, what does the market action in lumber mean for agriculture? Mike Zuzolo of Global Commodity Analytics and Consulting LLC, said it’s important to watch all commodities because of their interconnection. “ ...

Interest rates on agricultural loans made by commercial banks increased slightly for some types of lending. However, the Federal Reserve of Kansas City says rates stayed historically low through the first half of this year. The average rate on non-real estate loans was about 30 basis points higher than the all-time low reached at the end of 2020 ...