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Articles Tagged with ''interest rate''

Third-quarter interest rates reflect reprieve in most ag districts

Lending rates for agricultural loans dropped in quarter three across most agricultural districts according to quarterly lender surveys.
December 2, 2024
Jenn Coyne

Here’s an update on interest rates from quarter three of 2024 as reported by Federal Reserve districts that share data impacting dairy finances.


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Rebuilding the herd: Who is going to own them?

Producers are feeling the pinch of rising input costs, even with cattle prices at near-record highs. What this might ultimately mean for smaller producers and size of the national cow herd is still unclear.
November 13, 2024
Bryan Sanderson

Recent record prices paid for fed cattle, feeder cattle, and cull cows and bulls have a lot of industry folks talking and thinking we are at the bottom of the “10-year cattle cycle” and that we could see expansion in the future.


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Economic Update: Requirement for electronic ID tags now in effect

HPAI was confirmed in eight dairy herds in Utah in late October, making it the 15th state to find the disease in dairy.
November 7, 2024
Karen Lee
In news affecting dairy's bottom line:
  • Requirement for electronic ID tags now in effect
  • Utah becomes 15th state with HPAI in dairy, following mandatory surveillance
  • GDT index up 4.8%
  • November FSA interest rates continue to low
  • Farmer sentiment bounced back in October

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Economic Update: Farm bill allowed to expire

October 3, 2024
Karen Lee

In the Economic Update, we look at the expiration of the 2018 Farm Bill, the latest GDT trade event results, FSA interest rates for October and a weakening farmer sentiment.


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    Economic Update: Interest rates drop for first time since 2020

    September 19, 2024
    Jenn Coyne and Karen Lee
    In economic news this week, interest rates dropped for the first time since 2020; global dairy trade is up, but Colombia has imposed tariffs on U.S. dairy; and all Massachusetts dairy herds test negative for HPAI.
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    Business cash flow: Navigating high interest rates and inflation

    Maintaining trust and open communication with lenders is key to navigating economic roller coasters, along with reducing unnecessary expenditures and focusing on having sufficient working capital.
    September 16, 2024
    Ryan Reeves

    The current business climate of high interest rates and ongoing inflation is challenging. It requires business owners to be proactive and strategic with cash management, debt management and requires an overall increased focus on every aspect of the business.


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    Ag loan interest rates move in positive direction

    Quarterly lender surveys reveal a slight drop in agricultural loan interest rates for quarter two of 2024.
    September 10, 2024
    Jenn Coyne

    Here’s an update on interest rates from quarter two of 2024 as reported by Federal Reserve districts that share data impacting dairy finances.


    Read More

    Economic Update: U.S. exporters’ secure rights to use common food names in Chilean market

    Global dairy trade, FSA interest rates and farmer sentiment shift downward.
    September 5, 2024
    Karen Lee

    In economic news this week: U.S. exporters’ secure rights to use common food names in Chilean market. Global dairy trade, FSA interest rates and farmer sentiment shift downward, and the USDA launched an online debt consolidation tool.


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    Progressive Cattle Podcast

    [Podcast] To cull, maintain or expand this fall – with Elliott Dennis

    August 22, 2024

    Join the whole Progressive Cattle crew – David, Paul, Tyrell, Carrie and Abby – as they enjoy the Cassia County Fair in southern Idaho. They speak with Ryan Udy about the experiences of being a junior exhibitor at the county fair and all the fun that comes with it. Abby also interviews Elliott Dennis, from University of Nebraska – Lincoln, as they compare the cattle market in 2024 versus 2014 and discuss how producers can make the decision to cull, maintain or expand this fall.




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    To cull, maintain or expand this fall

    With high cattle prices, you may be wondering what you should do. Continue reading to get advice on whether you should cull, maintain or expand this fall.
    August 9, 2024
    Elliott Dennis

    Cow-calf producers are expected to make $709 per cow over cash costs, including pasture, in 2024. These levels are nearly identical to the inflation-adjusted highs experienced by producers in 2014 ($534 in 2014 dollars, $708 in 2024 dollars).


    Read More
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