Economy

The U.S. Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 of the Inflation Reduction Act.

Farmer sentiment about the ag economy reached its lowest levels since 2016, according to the Purdue University/CME Group Ag Economy Barometer.

Spring is a time of planning, planting and new growth on the farm. From preparing to plant seeds for the next crop to tending trees freshly in bloom, farmers are working hard to ensure strong yields in the months ahead.