Center for Agriculture and the Economy
Leveraging expertise from the Kansas City Fed, the Center provides timely analysis of industry developments and conducts ongoing research on the agricultural economy.
The Kansas City Fed's Connection to Agriculture
Agricultural production is a key source of income for many households in the Kansas City Federal Reserve District and surrounding areas. Farm income on average represents more than 10 percent of total income across the counties within our District and is similarly prevalent in other neighboring regions. Agricultural lending is also prominent in areas with a strong presence of farming activity and a third of the nearly 1,000 commercial agricultural banks are headquartered in our region.
*Agricultural banks are commercial banks with combined agricultural production and farmland loans totaling at least 25 percent of total loans.
Note: Farm income as a share of total income is shown as the average across all counties in each Federal Reserve District and computed using 2023 farm earnings as a share of total earnings.
Sources: Bureau of Economic Analysis, Reports of Condition and Income, and Federal Reserve Bank of Kansas City staff calculations
Research and Information
Ag Finance Updates
Read articles summarizing recent national developments in agricultural finance and lending.
Ag Bulletin
Review the latest Ag Bulletin for a summary of national ag conditions.
Ag Credit Survey
The quarterly Ag Credit Survey provides current indicators of the financial performance of Tenth District agriculture.
Ag Research Hub
Find all of the Kansas City Fed's research and resources on agriculture and related topics.
System Resources
Find links to research and resources on agriculture and rural topics from throughout the Federal Reserve System.
Latest Research and Updates
Agriculture
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Larger Operating and Livestock Loans Drive Farm Lending Demand | -
Federal Reserve Bank of Kansas City Launches Center for Agriculture and the Economy | -
Biofuel Policies Are Likely to Drive Future Demand for U.S. Corn and Soybeans | -
Food and Agriculture Economic Summit Highlights Factors Influencing Investment in Food Production and Distribution | -
Ag Summit highlights food production and distribution trends | -
Ask an Economist: Why key agricultural trade partners are important for the farm sector and food prices |
Agricultural Finance
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Larger Operating and Livestock Loans Drive Farm Lending Demand | -
Farm Debt at Agricultural Banks Continues to Build | -
Weakness in Crop Sector Weighs Further on Farm Finances | -
Farm Financial Conditions Continue to Deteriorate | -
Growth in Farm Lending Activity Eases | -
Farm Debt Grows and Delinquencies Rise Modestly |
Presentations
- Outlook for the U.S. and U.S. Agriculture |
- Farm Economy and Financial Outlook |
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Remarks on the Outlook and Monetary Policy | - Economic Outlook for U.S. Agriculture - May |
- Economic Outlook for U.S. Agriculture |
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Agriculture and the Federal Reserve |
The Kansas City Fed's Continuing Commitment to Agriculture
Through regular surveys, analysis and connections across the industry, the Kansas City Fed has had a longstanding focus on U.S. and global agriculture. Leveraging this expertise, the Center for Agriculture and the Economy serves as a resource within the Federal Reserve System by providing timely analysis of industry developments and conducting ongoing research on the agricultural economy. The Kansas City Fed is committed to understanding developments in the agricultural economy and gathering perspectives from rural America in order to include them in discussions on the national economy.
Announcing the Center for Agriculture and the Economy
Through its regular surveys, analysis and connections across the industry, the Kansas City Fed has had a longstanding focus on the U.S. and global agricultural economy. Leveraging this expertise, the Center for Agriculture and the Economy will serve as a resource within the Federal Reserve System by providing timely analysis of industry developments and conducting ongoing research on the agricultural economy and the rural regions where production predominates