# Federal Reserve: Observations on the Ag Economy- October 2021 - Farm Policy News

> The Federal Reserve's October 2021 Beige Book reports mixed agricultural conditions across districts. Corn and soybean harvests were larger than expected in the Chicago district, and rising energy prices and logistics problems are adding costs. Dairy farm margins tightened as feed costs rose.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/44388-federal-reserve-observations-on-the-ag-economy-october-2021-farm-policy-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger crops put downward pressure on grain prices, while higher energy and feed costs squeeze livestock and dairy margins. These mixed signals give no clear directional price call.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-14 | [Federal Reserve: Observations on the Ag Economy- January 2022 - Farm Policy News](https://feedsoft.ai/events/11814-federal-reserve-observations-on-the-ag-economy-january-2022-farm-policy-news.md) | -0.1% | +6.0% |
| CORN | 2019-09-10 | [Federal Reserve: Observations on the Ag Economy- August 2019 - Farm Policy News](https://feedsoft.ai/events/6596-federal-reserve-observations-on-the-ag-economy-august-2019-farm-policy-news.md) | +6.7% | +9.3% |
| CORN | 2019-01-16 | [Federal Reserve: Observations on the Ag Economy- January 2019 - Farm Policy News](https://feedsoft.ai/events/12391-federal-reserve-observations-on-the-ag-economy-january-2019-farm-policy-news.md) | +1.2% | +2.8% |
| CORN | 2019-07-01 | [Federal Reserve: Observations on the Ag Economy- July 2019 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/9495-federal-reserve-observations-on-the-ag-economy-july-2019-farm-policy-news.md) | +1.3% | +0.2% |
| CORN | 2018-07-19 | [Federal Reserve: Observations on the Ag Economy- July 2018 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/6566-federal-reserve-observations-on-the-ag-economy-july-2018-farm-policy-news.md) | -1.3% | -0.2% |
| SOY | 2019-09-10 | [Federal Reserve: Observations on the Ag Economy- August 2019 - Farm Policy News](https://feedsoft.ai/events/6596-federal-reserve-observations-on-the-ag-economy-august-2019-farm-policy-news.md) | +6.5% | +8.3% |
| SOY | 2019-01-16 | [Federal Reserve: Observations on the Ag Economy- January 2019 - Farm Policy News](https://feedsoft.ai/events/12391-federal-reserve-observations-on-the-ag-economy-january-2019-farm-policy-news.md) | +2.4% | +2.6% |
| SOY | 2019-07-01 | [Federal Reserve: Observations on the Ag Economy- July 2019 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/9495-federal-reserve-observations-on-the-ag-economy-july-2019-farm-policy-news.md) | -2.7% | -1.6% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2021/10/federal-reserve-observations-on-the-ag-economy-october-2021/

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