Ag Outlooks

Research and updates from the Kansas City Fed highlighting developments in the agricultural economy.

Research and Updates

Ag Bulletin

First Quarter Ag Bulletin

The U.S. farm economy remained steady despite a slight tightening in agricultural credit conditions and subdued commodity prices.

Fourth Quarter Ag Bulletin

The U.S. agricultural economy moderated through the end of 2023 alongside lower commodity prices.

Interest Expenses on Farmland Debt Could Challenge Farm Profitability

Crop producers with high levels of land debt may struggle to be profitable under higher interest expenses.

How Mergers in the Farm Credit System Have Affected Ag Banks

Ag banks likely altered some of their strategic portfolio decisions after an FCS merger in their local credit market.

Commodity Prices Have Limited Influence on U.S. Food Inflation

Food prices increased at the fastest pace in more than two decades from July 2021 to July 2022. We show that this increase has...

Turmoil in Commodity Markets Following Russia's Invasion of Ukraine

Russia’s invasion of Ukraine, which began in February 2022, has caused broad disruptions in global commodity markets.