Farm Economy

But maintaining clear records and establishing a good relationship with a banker still help operators win financially, says Stephen Hatz, senior vice president at Bank of the West.
There are likely few benefits for the U.S. in exporting abundant natural gas supplies, says a Purdue University energy economist.
Global feed production is expected to contract for the first time ever next year.
Texas agricultural losses due to the 2011 drought reached a record $7.62 billion, making it the most costly drought in history.
As commodities skyrocket, you have to wonder how much feeder cattle placements are really worth.
Some other USDA operations would continue, but many wouldn’t
The Japanese earthquake could have a large effect on U.S. grain and beef exports, but likely will have only a minor effect.
New fiscal year also off to a strong start
Congress and regulatory oversight agencies have held hearings to examine the role of speculation in commodity markets.
Debt-to-asset ratio down to 11.3%
Bigger ag trade surplus also forecast
Match the smallest cowherd on record with an upswing in beef demand, and the stage is set for higher cattle prices across the board.
Some other USDA operations would continue, but many wouldn’t
In the third quarter, farm income and loan repayment rates weakened.
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