Ag Economy

According to data released Tuesday, 95% of all U.S. farms are considered family farms. That comes out to 1.9 million farms.

Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline.

The Purdue University/CME Group Ag Economy Barometer dropped five points to 125 in February.  Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future also weakened during the month.  The Index of ...

As farmers look ahead to 2023, many are concerned about what the financial picture hold in store.  While many producers enjoyed record commodity prices last year, there were several headwinds, from high input costs, to trade issues, and of course, weather problems, giving many reason to pause in the months ahead.  Heather...

As the debate over a capital gains tax in Washington continues, it’s looking more and more likely that the farming community will be subject to those taxes, despite earlier assurances that they wouldn’t be.  At issue is the constitutionality of the capital gains tax passed by lawmakers in April 2021, that looks to issue a 7% tax on all transactions of $250,000 or great.  The issue is curren... Rea

Lillian McGregor, this year’s Washington FFA State Reporter, talks about the impact the farming economy has on the lives of millions of Washingtonians.     If you have a story idea for the PNW Ag Network, call (509) 547-9791, or e-mail glenn.vaagen@townsqua...