Source: POLITICO'S MORNING AGRICULTURE, 1/17/19

While some parts of the ag economy are under financial strain, most farmers and ranchers will be able to weather another year of low commodity prices, Farm Credit System lenders predicted Wednesday. The network of bankers, who oversee $259 billion in loans, said they haven't yet witnessed a spike in delinquencies or a flood of producers leaving the business — other than dairy farmers.

— "I'm not seeing or anticipating a downward spiral," said Mark Jensen, president and CEO of Frontier Farm Credit in Omaha, Neb.
Still ... Marc Knisely, CEO of AgCountry Farm Credit Services in Fargo, N.D., said it's "clear that we are at a tipping point for a growing number of producers." Catherine has the story for Pros.

Beyond the farm economy, broader recession warnings are piling up as the shutdown approaches the one-month mark on Monday, POLITICO's Ben White reports.

— Wall Street analysts are flashing warning lights that the shutdown's impact on federal workers and contractors, not to mention new stock offerings, could nudge first-quarter economic growth toward zero — or even into negative territory — if it lasts much longer.