Articles tagged under: input costs
Interest Rates and Input Costs Remain a Worry
Published July 7, 2024
According to the latest Purdue University/CME Group Ag Economy Barometer, farmer attitudes are drifting lower. "The barometer did drift a little lower this month," said James Mintert, director, Purdue Center for Commercial Agriculture. "People became a little less optimistic about…Tax Planning and Cash Flow 2023
Published November 15, 2022
AgCentric Executive Director Keith Olander says this year's tax season and planning for 2023 may be more challenging than years past. Supply chain issues remain and rising input costs present new problems for farmers and ranchers when planning purchases. "If…Inflation Disrupts Farm & Food Sector
Published October 8, 2022
The Federal Reserve Banks of Minneapolis and Kansas City are co-hosted a virtual symposium to discuss food costs and the long-term outlook. During the forum, Federal Reserve Bank of Kansas City Vice President Nathan Kauffman said the current increase in…Ag Economy Barometer Gets Slight Boost in July
Published August 3, 2022
The July Ag Economy Barometer shows an increase in farmer sentiment compared to the June survey results. The July findings reflect more optimism of current and future economic conditions on the farm. Purdue Center for Commercial Agriculture Director Jim Mintert…Input Costs Following Energy Market
Published June 27, 2022
Energy and input costs have increased exponentially this past year. Agricultural Economical Insights Partner Brent Gloy says the energy market has been a driving factor behind other costs. "It appears like the fertilizer situation has stabilized a bit, but a…Rising Production Costs Add to Decline in Ag Economy Barometer
Published December 7, 2021
The sharp increase in production costs combined with fluctuating crop and livestock prices, changing environmental and tax policies along with COVID uncertainties are impacting a farmer's outlook on the economy. The November Purdue University/CME Group’s Ag Economy Barometer declined by…The Cost of Diesel Fuel is Rising
Published March 12, 2021
For the week ending March 8th, the average U.S. diesel fuel price increased seven cents to $3.14 per gallon. That’s the first time diesel prices topped $3 per gallon since January of 2020. The U.S. Energy Information Administration says the…What’s Hot, What’s Not in the Markets
Published January 18, 2021
There's a demand for education as farmers follow the recent rally in the grain markets. Advance Trading Risk Management Advisor Tommy Grisafi highlights that scenario in today's edition of What's Hot, What's Not in the Markets. Market discipline is a…An Increase in Farm Bankruptcies in the Midwest
Published March 27, 2019
A report from the Minneapolis Federal Reserve Bank shows farm stress and bankruptcies have increased in the upper Midwest. The Federal Reserve ninth district reported 103 chapter 12 bankruptcies in 2018, compared to 79 the previous year. Farmers in the…