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Journal Article
Nebraska economy cooled heading into winter
Journal Article
When will agricultural demand rebound?
Journal Article
Recession catches rural America
As the recession intensified in 2008, rural economies held firm. Through the first half of the year, strong commodity prices supported robust farm incomes and contributed to relatively stronger gains on Main Street. Moreover, the housing correction was less intense than in urban areas, and the financial crisis was less severe than on Wall Street. ; While these factors shielded the rural economy from the worst of the recession, rural America was not immune. The foundations of rural economic strength in 2008--high commodity prices, robust export activity, and rising ethanol demand--were ...
Journal Article
A resurgent rural economy spurs farmland values
The rural economy broke free from the reins of recession in 2004 with an especially strong performance in the farm sector. Net farm income easily surpassed the record high of 2003. And the weakness that plagued the nonfarm rural economy in recent years appears to have been replaced with stronger job growth and higher incomes. Strong performances in the farm and nonfarm sectors have led to soaring land values. Rising incomes are often capitalized into asset values, and the past year was no exception. Rising rural incomes quickly led to strong land value gains. Since real estate is rural ...
Journal Article
Coming home to rural America: demographic shifts in the Tenth District
Sweeping demographic shifts are challenging the growth of many rural communities in the Tenth District. The retirement of the baby boomers, coupled with the exodus of young adults, threatens to leave rural areas with a rapidly aging population and a shrinking local workforce. The strength of these demographic changes could hinder economic growth for many rural communities in the future. ; Rural communities in the district, however, are quietly enjoying another demographic shift?a return of middle-aged residents to rural places. This shift may be a promising sign for economic growth and wealth ...
Journal Article
Can rising exports sustain the farm boom?
Journal Article
Farm investment and leverage cycles: will this time be different?
A wave of capital investment has spread throughout the U.S. farm sector in recent years. With booming farm profits, farmers have made a range of real estate investments, building new structures such as grain bins and machine sheds and improving productivity through expanded pivot irrigation and tiling. ; Exploring the historical patterns of U.S. farm capital investment and leverage, authors Henderson and Kauffman consider the prospects for another boom-and-bust cycle if historical patterns re-emerge. ; Over recent years, elevated farm profits have enabled farmers to keep leverage ratios near ...
Journal Article
What are the risks in today’s farmland market?
Journal Article
Innovative regional partnerships in the rural Tenth District
Journal Article
Financial challenges facing farm enterprises