National Ag News

Among those testifying at Thursday’s Senate Ag Committee hearing on the state of the ag economy was Nathan Kauffman, an ag economist with the Kansas City Federal Reserve.

Kauffman said that despite recent signs of stabilization in some areas, farm income has continued to decline overall due to persistently low commodity prices and elevated production costs.

“Alongside the reduction in farm income in the past four years, agricultural credit conditions have weakened steadily and farm real estate values have trended lower,” Kauffman said.

Continue reading Economist: Ag economy is still struggling at Brownfield Ag News.