Interest Rates
Producers are relying on credit as high costs continue to strain farm finances.
Heavy federal borrowing could make meaningful relief in farm operating, equipment, and land financing harder to achieve.
Large federal financing needs could keep pressure on interest rates that influence agricultural borrowing costs.
Tractor rental and application services saw the largest increases, with tillage, planting, harvesting, and spraying costs all rising sharply.
A Kansas City Fed economist says reliable water access remains a key factor in irrigated land values across the High Plains.
Federal Reserve data shows Midwest and Southeast farms make up over two-thirds of Chapter 12 filings.
Strong production trends could continue adding to global corn and soybean supplies.
A new survey of agricultural lenders points to increasing financial stress across the Ninth District.
Fred Seamon with CME Group joins us to discuss the latest Ag Economy Barometer and the key economic pressures shaping producer sentiment in May.