2016-12 PAER: Agricultural Outlook for 2017

December 1, 2016

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Welcome to our 2017 Agricultural Outlook. It’s a new year that will bring opportunities and challenges for agricultural industries. While no one can accurately predict the future, it is our mission to help you understand the major economic drivers of the agricultural economy in 2017. That begins with a new administration in D.C., which is expected to immediately pass an economic stimulus package to accelerate economic growth. That should have some positive impacts for U.S. agriculture but what about the strength of the U.S. dollar, and expectations for higher interest rates and higher inflation? 

Speaking of the new administration, there was more anti-trade rhetoric this election season than has been around for a long time. Trade is a foundation of the U.S. agricultural economy. Are we moving into a more protectionist era and shifting away from globalization? 

Farm incomes are depressed and the theme of the 2017 outlook is for a continuation of low farm incomes from both crop production as well as the animal industries. In these articles we give you a commodity-by-commodity evaluation. How long will this downturn last? What does it mean to the financial position of the Ag sector? It’s all right here for you to read. 

– Chris Hurt, Editor and Professor of Agricultural Economics 

Articles in this Publication:

Trump’s Election Changes the General Economy Outlook

Larry DeBoer, Professor of Agricultural Economics

Weak Ag Trade Outlook for 2017

Philip Abbott, Professor of Agricultural Economics

Lower Grocery Store Food Prices: Good for Consumers and Bad for Farmers

Ken Foster, Professor of Agricultural Economics

Another Difficult Year for Beef Cattle Producers

James Mintert, Professor of Agricultural Economics

Milk Prices Expected to Increase with Stable Feed Costs

Michael Schutz, Professor of Animal Sciences; Nicole Widmar, Associate Professor of Agricultural Economics

Hog Production Losses Continue

Chris Hurt, Professor of Agricultural Economics

High Grain Yields Contribute to Low Prices

Chris Hurt, Professor of Agricultural Economics

Farmland Values Face Third Year of Decline

Craig Dobbins, Professor of Agricultural Economics

Cash Rents to Drop in 2017

CRAIG DOBBINS, PROFESSOR OF AGRICULTURAL ECONOMICS 

Financial Outlook Continues to Weaken

MICHAEL BOEHLJE, PROFESSOR OF AGRICULTURAL ECONOMICS AND MICHAEL LANGEMEIER, PROFESSOR OF AGRICULTURAL ECONOMICS 

2017 Indiana Crop Cost and Expected Returns

MICHAEL LANGEMEIER, PROFESSOR OF AGRICULTURAL ECONOMICS; CRAIG DOBBINS, PROFESSOR OF AGRICULTURAL ECONOMICS 

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