Farm Economy
A recent AgWeb poll asked farmers where they plan to cut costs. Equipment purchases topped the list, but farmers also plan to scale back on fertilizer rates, use more generic products and reduce tillage or field passes.
The latest USDA American Farms and Ranches at a Glance report offers insights to how row crop growers are making a go of it financially in 2025.
USMEF and Soy Transportation Coalition leaders were among those weighing in on the decision, which could have cost U.S. farmers and ranchers an estimated $1.4 billion a week.
Farmers are looking at ways to cut back. Whether it’s reducing fertilizer applications or shopping for more generic products to use on the farm, crucial decisions are being made so farmers can weather the current downturn.
Farmers and trade anticipate final numbers from the crop production summary on Friday. The latest information from WASDE, winter wheat seedings and quarterly stocks will be available tomorrow.
Speaker Mike Johnson (R-La.), commits to fast-tracking Trump’s legislative agenda by May, which is perhaps the biggest bill in American history. There will be unprecedented spending cuts to help pay for it all, along with newly proposed tariffs on imported goods.
A new report from Farmers National Company shows what trends are shaping land values as well as what to expect regionally.
The first trading day of 2025 saw the U.S. dollar hit a two-year high, but the strength of the dollar in 2024 also had a major impact on commodity markets.
Here’s a snapshot of distribution by state and crop as well as per-acre payment rates by crop for the $9.8 billion in market relief payments for farmers.
From trade and deregulation to alternative land uses and cash rent prices, ag economists have no shortage of issues on their radar for 2025.