Agriculture and the Economy
The Kansas City Fed is a leader on topics related to the agricultural economy within the Federal Reserve System. Our work provides insights on agricultural and rural economies for our seven-state region of the Tenth Federal Reserve District and nationally.
Latest Updates
Growth in Farm Lending Activity Eases
Non-real estate farm lending at commercial banks declined slightly in the second quarter.
Fed Listens: Trends in the Agricultural Economy
Federal Reserve Governor Michael Barr joined the Kansas City Fed for a Fed Listens event discussing trends in the agricultural...
Some Segments of the Agricultural Economy Are Particularly Sensitive to Changes in the Foreign-Born
For years, many segments of the U.S. agriculture sector have relied on foreign-born and undocumented workers to meet labor...
Is It Time to Add Food-at-Home Inflation to Measures of Core Inflation?
Since the mid-1970s, the Federal Reserve has used core inflation to examine trends in underlying inflation. Core inflation is...
Farm Debt Grows and Delinquencies Rise Modestly
Growth in farm debt at commercial agricultural banks remained elevated in the first quarter of 2025.
Gradual Deterioration in Agricultural Credit Conditions Continues
Agricultural credit conditions deteriorated in the first quarter of 2025 and farm real estate values softened in some regions, ...
First Quarter Ag Bulletin
Conditions in the U.S. farm economy were tenuous through the first quarter of 2025 despite slightly higher agricultural commodity
Subdued Farm Economy Weighs on Land Values and Credit Conditions
Agricultural real estate values in the Kansas City Federal Reserve District declined slightly in the first quarter of 2025 and...
Resources on the Ag Economy
Ag Finance Updates
Find articles summarizing recent developments in agricultural finance and lending.
Ag Credit Survey
The quarterly Ag Credit Survey provides current indicators of the financial performance of Tenth District agriculture.
Ag Outlooks
Review the latest Ag Bulletin for a summary of ag conditions and additional outlook articles on the ag economy.
Kansas City Fed Research
Find recent monetary policy, payments system and regional and community research from the Kansas City Fed.
Our Connection to Agriculture
The Federal Reserve Bank of Kansas City has a long history of focus on the U.S. and global agricultural economy. The Tenth Federal Reserve District, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri, is strongly connected to agriculture, from farm production and food manufacturing to agricultural banking and finance. Because the industry is vital to the region we serve, 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.
Recent Research
Ag Finance Updates
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Growth in Farm Lending Activity Eases | -
Farm Debt Grows and Delinquencies Rise Modestly | -
Gradual Deterioration in Agricultural Credit Conditions Continues | -
Farm Lending Increases Alongside Larger Operating Loans | -
Farm Debt at Ag Banks Climbed in 2024 | -
Farm Real Estate Values were Steady in 2024 |
Ag Credit Survey
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Farm Debt Accumulating | -
Farm Sector Slowdown Intensifies | -
Agriculture in the Tenth District Feels Initial Effects of Pandemic | -
Regional Farm Sector Stress Intensifies |
Recent Speeches
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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 | - Agriculture and the Federal Reserve |
- Update on Agricultural Credit Conditions |