Federal Reserve Bank of Kansas City Launches Center for Agriculture and the Economy
The Federal Reserve Bank of Kansas City announced the launch of its Center for Agriculture and the Economy.
Agriculture
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October 15, 2025
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Biofuel Policies Are Likely to Drive Future Demand for U.S. Corn and Soybeans
The supply of U.S. corn and soybeans has grown over the past decade and is projected to increase further in the coming years. In the past, large supplies have been partly absorbed by both export markets and biofuel production. However, going forward, exports are unlikely to grow sufficiently to offset projected supply increases. Instead, demand driven by changes in biofuel policies will be critical to absorbing increased corn and soybean availability and supporting prices for these crops.
Natural Resources and Environment
International
Economic Bulletin
Agriculture
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Francisco Scott
Ayesha Cooray
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September 26, 2025
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Food and Agriculture Economic Summit Highlights Factors Influencing Investment in Food Production and Distribution
In June, industry experts met at the Federal Reserve Bank of Kansas City’s Food and Agriculture Economic Summit to discuss future investment in food and agriculture. Participants discussed several factors driving investment decisions, including emerging technologies, consumer trends, and recent economic developments. However, they also highlighted several constraints on investment, including costs associated with capital deployment, labor market conditions, and policy uncertainty.
Economic Bulletin
Agriculture
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Ty Kreitman
Nate Kauffman
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August 15, 2025
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Ag Summit highlights food production and distribution trends
In June, the Kansas City Fed’s Omaha Branch hosted its Food and Agriculture Economic Summit. This year’s event theme was “Investment in Food Production and Distribution."
Ten
Food Prices
Omaha Branch
Agriculture
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August 13, 2025
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Farm Financial Conditions Continue to Deteriorate
Farm finances and credit conditions continued to weaken in the second quarter of 2025.
Ag Credit Survey
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Ty Kreitman
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August 13, 2025
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Ask an Economist: Why key agricultural trade partners are important for the farm sector and food prices
Associate Economist Ty Kreitman explores how major changes to trade relationships could lead to reduced agricultural revenue and higher prices for consumers.
Trade
Food Prices
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July 15, 2025
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Fed Listens: Trends in the Agricultural Economy
Federal Reserve Governor Michael Barr joined the Kansas City Fed for a Fed Listens event discussing trends in the agricultural economy.
Jeff Schmid
Omaha Branch
Agriculture
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July 2, 2025
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Some Segments of the Agricultural Economy Are Particularly Sensitive to Changes in the Foreign-Born Farm Labor Supply
For years, many segments of the U.S. agriculture sector have relied on foreign-born and undocumented workers to meet labor demand in farm operations. While farm operators may be able to partly reduce this reliance through investments in machinery and further hiring through the agricultural guest worker visa program, these alternatives would take time to deploy and could substantially increase costs.
Labor and Demographics
Economic Bulletin
Agriculture
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Alexandra Hill
Francisco Scott
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June 30, 2025
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Remarks on the Outlook and Monetary Policy
Remarks delivered to the Kansas City Fed’s Agricultural Summit in
Omaha, Nebraska.
Jeff Schmid
Speeches
Ag Speeches
Agriculture
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Jeffrey Schmid
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June 24, 2025
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Is It Time to Add Food-at-Home Inflation to Measures of Core Inflation?
Since the mid-1970s, the Federal Reserve has used core inflation to examine trends in underlying inflation. Core inflation is considered a more stable measure as it excludes energy and food, historically viewed as the most volatile components of inflation. However, core inflation can be a challenge for central bankers to communicate, as food inflation is highly salient to consumers. We argue that food-at-home inflation has become less volatile over time and could be added to measures of core inflation with few drawbacks.
Monetary Policy
Economic Bulletin
Agriculture
Inflation
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Francisco Scott
José Mustre-del-Río
Amaze Lusompa
Jalen Nichols
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June 6, 2025
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