John Newton

Farmers, Rural Businesses, Brace for a Possible Recession
Farmers, Rural Businesses, Brace for a Possible Recession
Farmers, Rural Businesses, Brace for a Possible Recession
Rural counties are in a fragile spot economically after years of weakness in farming and manufacturing, as well as a weaker recovery since the Great Recession. The COVID-19 pandemic has pressured the U.S. economy to the point that it’s facing another downturn. Pol ...
USDA: Land Values Rising; Farm Bureau Notes Declines
USDA: Land Values Rising; Farm Bureau Notes Declines
USDA: Land Values Rising; Farm Bureau Notes Declines
The USDA recently released its 2019 Land Values Survey, showing that land values nationwide are on the rise.  However, the American Farm Bureau Federation said that’s not entirely the case.  Farm Bureau notes in its own Market Intel analysis that land values and farm rents have gone in the opposite direction in certain parts of the country.   “Many ...
AFBF: 4th of July Basket Slightly Higher This Year
AFBF: 4th of July Basket Slightly Higher This Year
AFBF: 4th of July Basket Slightly Higher This Year
If you’re planning on hosting a 4th of July BBQ Thursday, the American farmer Bureau Federation says it’s going to cost you slightly more this year compared to last.  AFBF Chief Economist John Newton said the cost for their 13-item basket came in at $5.28 per person th...
FSA Offices Reopened Thursday, NAFB Happy
FSA Offices Reopened Thursday, NAFB Happy
FSA Offices Reopened Thursday, NAFB Happy
The USDA reopened its FSA offices Thursday, despite the ongoing shutdown.  American Farm Bureau Federation Chief Economist John Newton said the move was welcomed news.   “Well, I think its an opportunity for farmers and ranchers across the county to get in to their county FSA office and get started on all the paperwork that’s needed to have a successful planting season in 2019.”   FSA offices... R
AFBF: 2019 Filled With Uncertainty
AFBF: 2019 Filled With Uncertainty
AFBF: 2019 Filled With Uncertainty
The farm economy faces more uncertainty in 2019, according to American Farm Bureau Federation chief economist John Newton.   "We’re in a situation where on the grain side we’ve had excellent weather for six or seven straight years now," Newton said.  "We’ve had som...
AFBF: Thanksgiving Dinner Cost Drops For Third Year In A Row
AFBF: Thanksgiving Dinner Cost Drops For Third Year In A Row
AFBF: Thanksgiving Dinner Cost Drops For Third Year In A Row
The AFBF’s 33rd annual survey of Thanksgiving Day dinner shows prices decreased year over year.  The American Farm Bureau says it will cost $4.89 per person for a tradition Thanksgiving dinner, a 22 cents drop from last year, and the third straight year of price declines.  AFBF Chi...
AFBF: Spring Basket Prices Increased From 2017
AFBF: Spring Basket Prices Increased From 2017
AFBF: Spring Basket Prices Increased From 2017
The annual informal survey finds that the prices of common food items for the Easter holiday are slightly higher than last year.   “Our 93 volunteer shoppers from across the United States found the average price for a spring market basket for 16 items came in at $51.05," said ...
USDA: Family Farms Still Dominate U.S. Agriculture
USDA: Family Farms Still Dominate U.S. Agriculture
USDA: Family Farms Still Dominate U.S. Agriculture
A recent USDA report said American farms have grown larger over the past three decades, but it’s still family farmers who are running them.  John Newton, with the American Farm Bureau Federation, said family farms have taken advantage of opportunities to improve their operations.   “...

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