Articles tagged under: economy
Preparing for Economic Downturn
Published August 1, 2022
Virginia Tech Agricultural Economics Professor David Kohl was a speaker at Bell Bank's AgView Live event. Kohl recommends producers take strong ownership of their financials in preparation for an economic downturn. "There's a good possibility of a U.S. and global…Recession May Already Be Here
Published June 24, 2022
AgriSompo North America market analyst Sterling Smith thinks the U.S. is already in a recession. "I'm going to say something few are willing to say, we're in a recession in the United States right now. The GDP numbers in the…Optimism in the Ag Economy
Published September 28, 2021
Net cash income is up and farm loan delinquencies are down. A new report from Farmer Mac says working capital for farmers is forecast to be at its highest level in seven years. Farm real estate values are up nationwide,…Kohl: Have a Plan and Execute the Plan
Published July 8, 2021
Agriculture today: a new era of prosperity or temporary opportunity? That was the question addressed by Virginia Tech Agricultural Economics Professor Emeritus Dr. David Kohl during the Bell Bank AgViews Live Conference. "These roller coaster economics take both a financial…Farmers and Ranchers are ‘Buckled Down’ for the Wild Ride
Published July 7, 2021
There are a unparalleled amount of issues currently facing agriculture. How did it get to this point? "Gradually, then suddenly," said Lynn Paulson, senior vice president of agribusiness development, Bell Bank during the AgViews Live Conference in Fargo. "Corn and…A “Black Swan” Event Ag Won’t Forget
Published January 25, 2021
A glimpse into the agricultural economy was part of the keynote address to Minnesota Corn Growers Association members during their virtual annual meeting. The coronavirus pandemic will go down in the history books as a black swan event many in…Traders Take Profits Going Into Holiday
Published January 15, 2021
Traders are unwinding spreads and taking profits going into the three-day MLK holiday with the markets closed Monday. Global Commodity Analytics and Consulting President Mike Zuzolo thinks traders will begin to focus on the U.S. economy. "We're past the USDA…Minneapolis Fed Releases Q3 Ag Analysis
Published November 13, 2020
After several years of tough financial conditions for agriculture, COVID-19 was expected to deal another major blow to the sector. However, pandemic assistance for farmers, a bountiful harvest in the Upper Midwest and a slight recovery in commodity prices have…All Roads Lead to COVID-19
Published April 24, 2020
The economic damage has been done by COVID-19. Global Commodity Analytics and Consulting president Mike Zuzolo does not expect a rapid turnaround once the economy is back up. "When it comes to hogs, the cold storage supplies and food supply…