Liberal, KS

Now: 85 °F

Currently: Fair

Hi: 85 °F | Lo: 43 °F

Saturday

Hi: 71 °F 

Lo: 47 °F

Sunday

Hi: 72 °F 

Lo: 39 °F

Monday

Hi: 65 °F 

Lo: 35 °F

Tuesday

Hi: 69 °F 

Lo: 40 °F

Wednesday

Hi: 71 °F 

Lo: 38 °F

Farm Income Weakens In First Quarter

KSCB News - May 15, 2013 3:23 pm

The Federal Reserve says farm income growth slowed across the Plains and western states in the first quarter as costs increased and the drought lingered.

The Federal Reserve Bank of Kansas City, Mo., said Wednesday that the growth in farm income has slowed this year because farmers and ranchers are dealing with higher costs.

Bankers expect farm income to weaken further in the region over during the second quarter.

But land values continued to increase in the first quarter on top of several years of significant growth. Cropland values rose 20 percent over 2012, and ranchland values grew 14 percent.

The 10th Federal Reserve District covers Kansas, Nebraska, Oklahoma, Wyoming, Colorado, northern New Mexico and western Missouri.

 

Latest Stories

Broadcast Square audio archives October 14 to 18, 2019

You can listen to archived Broadcast Square audio from the week of October 14 to 18,...

Alabama Man Charged in a Fatal Shooting in Boise City has Pleaded Guilty to Murder

(AP) – The last of three Alabama men charged in a fatal shooting in the Oklahoma...

Seward County Commissioners to Meet, Consider Changing Hours of Administration Building

The Seward County Commission will meet on Monday October 21 at 5:30pm. Items on the agenda...