# Federal Reserve: Observations on the Ag Economy- January 2022 - Farm Policy News

> The Federal Reserve's January 2022 Beige Book reported mixed agricultural conditions, with dry weather in parts of the Atlanta district. Chicago district contacts expected lower farm income in 2022 as input costs outpaced crop prices, and farmers increased forward contracting to secure supplies.

- Date: 2022-01-14 · published 2022-01-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/11814-federal-reserve-observations-on-the-ag-economy-january-2022-farm-policy-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising input costs and tighter farm margins may limit planting and feed demand, while forward buying signals underlying support for feed ingredients.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-11-14 | [Fertilizer: “Supply Disruptions Push Prices to New Highs” \| Farm Policy News \| Illinois](https://feedsoft.ai/events/44342-fertilizer-supply-disruptions-push-prices-to-new-highs-farm-policy-news-illinois.md) | -0.6% | -1.8% |
| UREA | 2023-10-08 | [AMIS Fertilizer Outlook- Prices “Mostly Up in September,” While Russia Lifts Ban on Diesel Exports \| Farm Policy News \| Illinois](https://feedsoft.ai/events/33540-amis-fertilizer-outlook-prices-mostly-up-in-september-while-russia-lifts-ban-on.md) | -2.6% | -9.6% |
| UREA | 2022-11-29 | [667. Global Fertilizer Market and Policy Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38623-667-global-fertilizer-market-and-policy-trends-japan-international-research.md) | -4.0% | -7.5% |
| UREA | 2025-11-24 | [Farm World – weekly farm newspaper source for ag news, classifieds, auctions](https://feedsoft.ai/events/4472-farm-world-weekly-farm-newspaper-source-for-ag-news-classifieds-auctions.md) | -5.5% | -5.7% |
| UREA | 2023-07-24 | [Urea Weekly Report: Rising international prices and rising futures prices increased orders in the week (No. 20230721)](https://feedsoft.ai/events/4759-urea-weekly-report-rising-international-prices-and-rising-futures-prices.md) | +31.8% | +18.1% |
| CORN | 2019-01-31 | [Drought-Tolerant Corn in the U.S., New Report from USDA’s Economic Research Service \| Farm Policy News \| Illinois](https://feedsoft.ai/events/60958-drought-tolerant-corn-in-the-u-s-new-report-from-usda-s-economic-research.md) | -0.5% | -1.3% |
| CORN | 2023-01-10 | [Trade and Trade Policy Outlook 2023 - Purdue Ag Econ Report](https://feedsoft.ai/events/37715-trade-and-trade-policy-outlook-2023-purdue-ag-econ-report.md) | +1.9% | +2.6% |
| CORN | 2024-04-30 | [Argentina's Rosario Port Falls in 2023 Exports, New Orleans Takes Top Spot - Farm Policy News](https://feedsoft.ai/events/13930-argentina-s-rosario-port-falls-in-2023-exports-new-orleans-takes-top-spot-farm.md) | +3.0% | +7.6% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2022/01/federal-reserve-observations-on-the-ag-economy-january-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.