Farm spending surges with record incomes
A growing cornucopia of organics
Organic farming in the Ninth District continues to sprout in fields and on dinner plates.
Commercial bank loans to farmers
The intersection of Midwest agriculture and rural development
On November 9, 2010, the Federal Reserve Bank of Chicago held a conference on rural development and the role of midwestern agriculture. Experts from academia, industry and policy institutions, including U.S. Department of Agriculture Deputy Secretary Kathleen A. Merrigan, discussed rural employment generated by agriculture, the impacts of agricultural amenities on rural areas and policy directions for agriculture and rural development.
How New York State's agriculture industry is staying competitive
We examine some of the challenges facing New York's agriculture industry and outline some innovative responses. We distinguish between two types of agriculture: commodities and value-added consumer foods. We show that commodities are a small fraction of the agriculture industry in New York State and are not a growing market segment, while value-added goods are the primary products of New York farms and represent a market segment that is growing significantly. We then briefly discuss important strategies that agricultural producers are using to remain competitive, including the adoption of ...
Beginning farmers and local food systems
Growing support for community-driven economic development, local food, and sustainability is one reason a diverse group of young people are going into farming.
Agriculture in the war
Not your father’s farm
District farms are getting smaller and bigger at the same time.
Understanding recent trends in Midwest farmland leasing
On November 27, 2012, the Chicago Fed hosted a conference to examine recent trends in farmland leasing and their impacts on agricultural lending. Experts gathered to analyze various kinds of farmland rental arrangements, different sources of income from farmland, and shifting relationships between farmland owners and farm operators?all within the context of large and rapid rises in cash rental rates for Midwest farmland that lag the jumps in value of the land itself.
The balance sheet of agriculture, 1950