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Purdue economist calling for no recession in 2024

An ag economist says he expects the Federal Reserve to lower interest rates in the coming months and inflation to decline this year. Officials left rates unchanged during their January meeting. Purdue University professor emeritus Larry DeBoer tells Brownfield several stable months and a weakening... Read More.

Livestock economist expects cattle inventory to decline again

A livestock economist says he expects an already small cattle herd to get smaller. University of Missouri livestock economist Scott Brown says just how small remains to be seen. “My crystal ball says 3% lower,” he says.  “We’ll see whether I’m right. But, don’t... Read More.

Economist says pork producers unsure of Prop 12 impact

A livestock economist says the pork industry is still uncertain how California’s Proposition 12 will impact markets. The state currently accounts for about 15 percent of the nation’s pork consumption and Brenda Boetel with the University of Wisconsin-River Falls says, “Does that mean that... Read More.

Economist says wait to pick ARC or PLC for corn

An agricultural economist is changing his risk management recommendations because of the expected tight crop margins and current corn and soybean prices.  Paul Mitchell says corn and soybean producers can expect some tight margins in 2024, even with some favorable fertilizer prices. ... Read More.

Economist concerned about farm bill delays

An agricultural economist is concerned about the delays in Washington and how they affect the new farm bill.  Jonathan Coppess at the University of Illinois tells Brownfield the first continuing resolution extended the 2018 Farm Bill for a year covering the 2024 crop year,... Read More.

Ag economist says Fed could lower interest rates in ’24

An ag economist says there was a tone shift from the Federal Reserve after it held interest rates steady for a third consecutive month. David Widmar, with Agricultural Economic Insights, says there have been some gains in the battle against inflation. “And... Read More.

K-State Ag Economist Urges Producers to Review Crop Insurance Options

By Pat Melgares, K-State Research and Extension News Service MANHATTAN, Kan. – A Kansas State University agricultural economist is encouraging farmers to know their options before considering a pair of crop insurance policies that would allow them to increase their coverage for row crops beyond... Read More.