Headlines

Farmland Values Stable, but Risks to Outlook Remain

February 14, 2019 | Ag Credit Survey, Fourth Quarter 2018
Farmland values in the Federal Reserve’s Tenth District held steady in the fourth quarter of 2018 despite risks to ongoing stability, according to the Kansas City Fed’s quarterly Agricultural Credit Survey.

As Rates Tick Up, Growth in Operating Loans Boosts Farm Lending

January 17, 2019 | Ag Finance Databook
The volume of non-real estate farm debt continued to increase in the fourth quarter of 2018, according to the Agricultural Finance Databook. 

Lower Income Continues to Pressure Farm Finances

November 15, 2018 | Ag Credit Survey
Farm income and credit conditions continued to deteriorate in the third quarter of 2018, according to the Tenth District Survey of Agricultural Credit Conditions.

Large-Scale Financing Drives Ag Lending Activity Higher

October 18, 2018 | Ag Finance Databook
Large operating loans made by large agricultural banks led to a significant increase in farm lending in the third quarter of 2018, according to the Agricultural Finance Databook. 

2018 Ag Symposium Papers Available

October 03, 2018 | Ag Symposium
Visit the 2018 Ag Symposium page to view resources from this year's symposium. A special issue of Economic Review, featuring a foreword from Bank President Esther George and speaker papers, is now available. 

A Tale of Two Economies: Farmers Struggle Despite Strong U.S. Economy

By Suzanne Jenkins, Senior Policy Analyst, Federal Reserve Bank of St. Louis and Nathan Kauffman
September 28, 2018 | Ag Outlook
At a time when the overall U.S. economy continues to boom, the U.S. agricultural sector has continued to struggle amid falling farm income and deteriorating agricultural credit conditions.

Mapping Stress in Agricultural Lending

September 05, 2018 | Economic Review
Stress in agricultural lending, measured by repayment rates for farm loans, spike across the Tenth District in 2016. 
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2019 Ag Symposium

The 2019 Agricultural Symposium, Exploring Agriculture's Path to the Long-Term, will take place July 16-17 in Kansas City. Request an invitation. 

Past Agricultural Symposiums

Updates from the Kansas City Fed highlighting developments in the agricultural economy. 

Latest Ag Outlooks

A Tale of Two Economies: Farmers Struggle Despite Strong U.S. Economy | September 28, 2018

As Winter Looms, Key Risks Keep Ag Outlook Cool | January 8, 2018

Persistent Large Inventories, Low Prices | April 17, 2017

Headwinds to Ag Outlook Remain Despite Strength in Exports | December 29, 2016

U.S. Farm Economy Slumps into the Fourth Quarter | September 28, 2016

Mounting Pressure in the U.S. Farm Sector | March 31, 2016

Supply and Demand Fundamentals Weighing on Ag Economy | January 13, 2016

Tightening Farm Income Continues to Loom | September 23, 2015

Speeches

Jan 17, 2019 | Omaha Economic Update

By Nathan Kauffman

Dec 4, 2018 | Nebraska Economic Update

By Nathan Kauffman

Nov 13, 2018 | Update on Omaha's Economy

By Nathan Kauffman

Nov 9, 2018 | U.S. and Nebraska Agricultural Update

By Nathan Kauffman

Nov 2, 2018 | U.S. Ag Economy Stuck in Neutral and Facing Uphill Climb

By Nathan Kauffman

Agricultural Finance Databook

Quarterly report that compiles national and regional agricultural finance data, including national data on term lending to farmers, quarterly Call Report data on national agricultural lending, and data on agricultural land values and credit conditions from quarterly Federal Reserve Bank surveys. 

Agricultural Credit Survey

Quarterly survey that provides current indicators of the financial performance of Tenth District agriculture, including farmland values, interest rates on farm loans, and credit supply and demand. 

Outlooks and Research on the Agricultural Economy

Ongoing research and analysis from the Kansas City Fed highlighting developments in the agricultural economy. 

Agricultural Symposium

Annual conference that brings together business and banking leaders, government officials and policymakers, and academics to explore a topic relative to the agricultural industry. 

Congressional Testimony

May 25, 2017 | U.S. Senate Committee on Agriculture, Nutrition, and Forestry
February 15, 2017 | House Committee on Agriculture 
March 1, 2016 | U.S. Senate Committee on Appropriations: Statement on Economic Conditions in the Farm Sector
June 2, 2015 | House Committee on Agriculture Subcommittee on General Farm Commodities and Risk Management