Federal Reserve: Observations on the Ag Economy- February 2021
Story Date: 3/5/2021

 

Source: Keith Good, FARM POLICY NEWS, UNIV. OF ILLINOIS, 3/3/21


On Wednesday, the Federal Reserve Board released its February 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy.

* Sixth District- Atlanta- “Agricultural conditions remained mixed. Abnormally dry conditions prevailed across much of the District. On a month-over-month basis, the February production forecast for Florida’s orange crop was up while the grapefruit production forecast was unchanged...

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