While attention has focused on the mostly bearish soybean market news, a welcome trend in wheat prices has been underway in recent years.
The USDA recently provide insight into the Trade War’s impact on the overall farm economy. This week’s post considers the Trade War impact and how the US Farm Economy nearly reached crisis levels.
After months of reassurances, the USDA released their plan to protect farmers caught in the Trade War crossfire. Despite all the headlines and attention, we found the plan lacking important details and raised several questions.
The financial condition of the U.S. farm sector continues to deteriorate. The extent of the deterioration is perhaps best seen in the level of working capital which has fallen sharply since 2012.
The USDA’s July WASDE report provided an early look at how U.S. soybean exports might adjustment in light of China’s recently imposed tariffs.
This week’s post reviews the Kansas City Fed’s data on farm loan delinquencies.