The Downturn in Agriculture: Implications for the Midwest and the Future of Farming

David Oppedahl ()

Chicago Fed Letter, 2017, No 374

Abstract: Prices for key agricultural products have fallen from their peaks in recent years, while input costs have not fallen as much. Consequently, many farm operations in the Midwest have had lower revenues and thinner profit margins?and some even losses. On November 29, 2016, the Federal Reserve Bank of Chicago held a conference to examine the agricultural downturn in the Midwest and discuss future directions for farming.

Keywords: Agriculture; farms (search for similar items in EconPapers)
Date: 2017
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