10 minutes | Sep 11th 2020

On The Record: Government Payments Boost Farm Income to 7-Year High

In this week's podcast we talk about how federal government direct farm payments are expected to be up by nearly $15 billion, providing a nice boost to farm income. That seems to be helping farmer sentiment based on the latest Ag Economy Barometer from Purdue University. In the Technology Corner, Jack Zemlicka discusses how one precision peer group has been benefiting from virtual problem solving. Also in this episode: dealers report used equipment inventory is too low for the first time since 2012, ag loan repayments in the Federal Reserve Bank's 9th District are holding steady and a new fertilizer bar manufacturer, Farmada, eyes up the tillage segment.
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