Seth Meyer

When Russia invaded Ukraine on February 24th of this year, ag trade was sent into a tizzy, thanks to not only the anxiety by volatility as well.  USDA chief economist Seth Meyer said the resulting high commodity prices played a part in helping raise U.S. farm i...

While we only have a few weeks remaining on the year, USDA is out with its 2022 farm income forecast.  And USDA chief economist says the latest numbers is reason for farm country to celebrate.   "Record net cash farm income the largest net farm income in decades and a lot of it on strength in prices.”   That...

In addition to American farmers earning a record high net income this year, experts say the financial health of the farm sector is better this year both from a farm debt and farm equity measure.  USDA chief economist Seth Meyer said by the time 2022 has come to a close, "Equity and assets are expected to rise she got at 4.1 and a 3.5% i...

The USDA released its new Ag trade forecast Tuesday and the main takeaway, is the revised export number.  USDA chief economist Seth Meyer said analysts were already anticipating an Ag export value decline since 2022 set a new record high for U.S. export...

Predicting farm income every year is a challenging task for a variety of reasons.  USDA Chief Economist Seth Meyer, said farm income should be strong this year despite a lot of volatility.   “When one looks at farm income and one looks at a very high scale, farm income looks pretty good. We're forecasting f...

“We’re forecasting farm income to be pretty strong at USDA”   While USDA Chief Economist Seth Meyer sounded fairly bullish this week, he noted there are underlying concerns, such as the future of commodity and input prices.  Additional concerns ...

USDA’s preliminary fiscal year 2023 trade forecast is marked by huge uncertainty, according to Chief Economist Seth Meyer.  USDA’s initial export forecast for 2023 is down roughly $2.5 billion dollars on lower volumes of beef, cotton, and sorghum, while imports are up $5 billion dollars for a new record.  But Meyer said the ...

Roughly one month remains on the Fiscal Year, and when the trading books for FY2022 close they will show a strong pace of growth when it comes to Ag exports.  USDA chief economist Seth Meyer said he expects those numbers to be very strong by the end of September.   “...

On Tuesday, we told you that farm real estate value increased across the Pacific Northwest.  It looks like the PNW was not alone in the trend higher.  The value of cropland across the United States increased 14% year-over-year.  That translates to a jump of $630 per acre from 2021 to 2022. USDA chief...

According to Federal Reserve chairman Jerome Powell, the economy's too hot, inflation too high and so in response Wednesday, the committee raised the federal fund rate by 3/4 of a percentage point.  What do those higher rates mean for farmers and traders? ...