Midwest Farm Conditions Remain Unchanged According to Fed

ST. LOUIS, MO – Federal Reserve Bank of St. Louis reports agriculture conditions in the district remain unchanged from the previous reporting period. The percentage of winter wheat in the District rated fair or better remained approximately unchanged at 93 percent from the end of October to the end of November. This is roughly the same level of winter wheat rated fair or better at the end of 2018. Contacts reported, during the fourth quarter of 2019, that continued low crop prices and trade disputes have harmed the industry. Several reports indicated that federal assistance to farmers via the market facilitation program has helped farmers remain in business.