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

Ag Bulletin

First Quarter Ag Bulletin

Conditions in the U.S. farm economy were tenuous through the first quarter of 2025 despite slightly higher agricultural commodity

Agriculture | Ag Bulletin
Ag Credit Survey

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...

Agriculture | Ag Credit Survey
Ag Finance Update

Farm Lending Increases Alongside Larger Operating Loans

Strong growth in farm lending activity at commercial banks continued into the first quarter of 2025.

Ag Finance Update | Agriculture | National Survey of Terms of Lending to Farmers
Economic Bulletin

Key Agricultural Trade Partners Are Important for U.S. Farm Sector Revenues and Food Prices

The U.S. agricultural sector is especially vulnerable to fluctuations in trade with Mexico, Canada, and China. Several major...

Agriculture | Economic Bulletin
Ag Finance Update

Farm Debt at Ag Banks Climbed in 2024

Farm debt at agricultural banks grew considerably in 2024 and delinquency rates increased from historic lows.

Agriculture | Ag Finance Update | Commercial Bank Call Report
Ag Finance Update

Farm Real Estate Values were Steady in 2024

Agricultural real estate values in the Midwest and plains states were flat through the end of 2024.

Agriculture | Ag Finance Update | Federal Reserve Ag Credit Surveys
Research Working Paper

The Passthrough of Agricultural Commodity Prices to Food Prices

Agricultural commodities prices have had a small and uncertain effect on changes in food prices at least since 2008.

Agriculture | Inflation
Economic Bulletin

Agricultural Economic Summit Highlights Growing Connection Between Agriculture and Energy

The agriculture and energy sectors have become more tightly connected as renewable energy increases demand for input crops and...

Agriculture | Energy | Natural Resources and Environment
Economic Review

The Expanding Role of Renewable Fuel Policy as a Demand Driver in Agriculture

Recent renewable energy policies may lead to higher but more volatile prices for soybeans and other oilseed crops.

Agriculture | Economic Review | Natural Resources and Environment
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