A sharp decline in farm income in the previous quarter abated somewhat in the third quarter. Increases in prices for the region’s major commodities late in the third quarter, in addition to direct government payments, supported farm incomes in the Tenth District (Chart 1). About 55% of agricultural bankers throughout the District reported lower incomes than a year ago, compared with 75% in the second quarter. Recent developments also led to more optimistic expectations about changes in farm income through the end of the year. Read More…

A shaken U.S. agriculture industry already “stressed” by a profitability squeeze in a pandemic year may see little relief in 2021, according to a survey of industry lenders. Read More…

U.S. farmers sold freshly harvested soybeans directly off their combines for a profit as prices rose to a four-year high this autumn, a welcome change from the losses suffered during the U.S.-China trade war. Read More…

A recent survey of almond farmers with small orchards, defined as 1 to 49 acres, showed half the respondents either already grow or are interested in growing cover crops with growers in Sacramento Valley statistically more likely to adopt cover cropping. Read More…

A small farm in upstate New York is working to revolutionize the organic farming industry, starting with supporting their local ecosystem while growing, among a variety of grains, hemp — the plant behind the multi-million dollar CBD industry. Read More…

Honestly, the name is fantastic: "McPlant." Just saying it feels like taking a bite out of something. Let's hope whichever midlevel marketing executive blurted it out into a Chicago conference room got a super-size bonus. Read More…

A sharp spike in COVID-19 cases across the U.S. is threatening the economic recovery and increasing the odds of a double-dip recession. Read More…