Farming A Primary Focus Of Little’s State Of The State

During his State of the State address January 11th, Idaho Governor Brad Little addresses several issues key to the state’s farming community. He said his “Building Idaho’s Future” plan will invest in in needed agriculture and water infrastructure projects, which he said would aid in the economic vitality of rural Idaho. “Agriculture, and our economic […]

Idaho Farm GDP Continues To Grow; Net Income Sets Records

While challenging for individual commodities from time to time, 2020 continued a trend of solid farm economic growth in Idaho. Ben Eborn, Extension Ag Economist with the University of Idaho says farm GDP has grown at twice the rate of the state’s GDP. He noted this comes while the state struggles with the loss of […]

Outlook Forum Will Have Many Firsts

The upcoming 2021 USDA Ag Outlook Forum features many firsts.Such as the first virtual edition of this annual event. Yet World Agricultural Outlook Board Chair, Mark Jekanowski, said there are other inaugural aspects to this year’s forum. “[Thursday morning] the ’21 agricultural outlook, it’s gonna be given by our brand new Chief Economist, Dr. Seth […]

Beef Council Awards University Of Idaho $250K

The Idaho Beef Council recently awarded the University of Idaho $250,000 to support research to strengthen consumer trust in beef production. IBC chair, Jeff Johnson, said just like in any other industry, innovation is vital for product improvement. And he noted the U of I plaed an integral role in that effort. “The consumer is […]

Farm Tractor Sales Finish 2020 Higher

Tractor and combine sales finished 2020 with solid growth across the U.S., while sales in most sectors in Canada were also positive. The Association of Equipment Manufacturers reported this week total U.S. farm tractor sales rose 26.8 % in December compared to 2019 while U.S. combine sales fell 1.9%. U.S. four-wheel-drive units fell slightly in […]

AFBF: Farm Economy Shows Signs Of Improvement

2021 is starting off with some bright spots for farm country, which has led to some early year optimism for the Ag economy. American Farm Bureau Federation Chief Economist John Newton said trade with China is certainly a highlight. “Recently released data from the U.S. Census Bureau show that preliminary exports to China during November […]

Latest Ag Economy Barometer Shows Slight Improvement

Farmer sentiment improved modestly in December. The CME Group/Purdue University index, released Tuesday, rose to a reading of 174, up seven points from November. December’s sentiment improvement still left the barometer nine points lower than in October. The Index of Current Conditions climbed 15 points to 202, while the Index of Future Expectations increased by […]

AFBF Virtual Convention Gets Underway This Weekend

The 2021 American Farm Bureau Federation Virtual Annual Convention kicks off this weekend, and some events start as early as Friday. Farm Bureau President Zippy Duvall said the theme, Stronger Together, highlights the importance of uniting during tough times. “What it means is even in a difficult year, we find ways to unite and focus […]

Farmland Prices May Rise in 2021

After years of stability, farmland prices may be set to rise in 2021. said last week factors are coming together that may be about to send the price of land higher. Some of the key factors include government support for farmers, stronger commodity prices, low interest rates, limited farmland for sale, and strong interest […]

Food Prices Expect To Jump In Canada

The USDA recently announced that food prices will likely increase 1%-2% in the New Year. It looks like that trend will be felt across Canada as well. Dennis Guy reports that those north of the border are preparing for record food prices in 2021. If you have a story idea for the PNW Ag Network, […]