What a Potential Recession Means for Ag

What a Potential Recession Means for Ag

ICYMI, the Fed raised interest rates at the end of July after a negative GDP in the second quarter (ouch). Queue Paul Revere on his horse galloping across the countryside shouting, “A recession is coming! A recession is coming!” Not quite? While two...
Lumber Tumble

Lumber Tumble

Lumber prices are going down: they’re yelling, “timber!” Some background: We all remember the high costs of lumber during the height of the pandemic. With supply chain issues and labor shortages, prices went as high as a sycamore grows. Inflation...
Farmers Got the Feels…and They Ain’t Good

Farmers Got the Feels…and They Ain’t Good

There’s a storm a-brewin’. At least that’s what it looked like when the barometer tanked earlier this week. Or to be more accurate, the Ag Economy Barometer. Gloomy forecast: When Purdue University and CME Group released the Ag Economy Barometer report for the...
Ag Barometer Is Feeling the Pressure

Ag Barometer Is Feeling the Pressure

Pinched profits are sending farmer sentiment to its second-lowest level since July 2020. The Purdue University/CME Ag Economy Barometer is a survey of 400 producers, aiming to measure the health of the U.S. ag economy. And January’s report reflects all the bitter...
Post-Storm Ag Outlook

Post-Storm Ag Outlook

Deadly tornadoes plowed through six states late last week, killing dozens of people and destroying property and livelihoods. And agriculture, especially in the Bluegrass State, was not spared from the mayhem. Soundbite: “We have a 200-mile swath through Kentucky...