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A Squeeze on Agriculture by Interest Rates
California Ag Today
Rabobank’s RaboResearch team recently released its bimonthly North American Agribusiness Review.
AFBF on Fuel and Energy Costs
Washington State Farm Bureau Report
Fuel and electricity prices are on the rise again amid declining farm income and the American Farm Bureau responds.
Potato Sustainability Alliance App Pt 2
Washington State Farm Bureau Report
Potato Sustainability Alliance CEO John Mesko says they launched an online mobile app that farmers can use to report their sustainability practices and learn new approaches to production.
Potato Sustainability Alliance App Pt 1
Washington State Farm Bureau Report
Potato Sustainability Alliance CEO John Mesko says they launched an online mobile app that farmers can use to report their sustainability practices and learn new approaches to production.
Multiple Factors Lead to Lower 2024 Farm Income Forecast
Line on Agriculture
USDA Economist, Carrie Litkowski gives details on why USDA is forecasting a 26% decline in farm income for this year.
U.S. Wine Sales Slow and Net Cash Farm Income Down
The Agribusiness Update
U.S. and foreign winemakers are struggling to sell their product, and leaders are increasingly focused on anti-alcohol messaging, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
USDA Funding for Florida and Net Cash Farm Income Down
The Agribusiness Update
The USDA is allocating more than $5 million to Florida as part of a nationwide effort to strengthen the country’s infrastructure for pest detection as well as the nursery system, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
Farm Bill Needed To Mitigate Lower Net Farm Income
Line on Agriculture
Title One programs in the farm bill are important to help farmers with economic challenges.
USDA Invests Renewable Energy and Food Safety for Super Bowl Sunday
The Agribusiness Update
The USDA will invest $207 million in renewable energy and domestic fertilizer projects, and whether delivered or prepared at home, the Food Safety and Inspection Service has plans to protect your Super Bowl Sunday celebration from foodborne illness.
USDA Invests Renewable Energy and Food Safety for Super Bowl Sunday
The Agribusiness Update
The USDA will invest $207 million in renewable energy and domestic fertilizer projects, and whether delivered or prepared at home, the Food Safety and Inspection Service has plans to protect your Super Bowl Sunday celebration from foodborne illness.
Farm Bill Extension Worries Pt 2
Fruit Grower Report
The Farm Bill extension is a matter some welcomed, but most in agriculture are wondering why it didn’t get done in the first place OR if it will get done next year. Mary Kay Thatcher, Senior Manager of Government Relations at Syngenta, is one of the latter.
Farm Bill Extension Worries Pt 1
Fruit Grower Report
The Farm Bill extension is a matter some welcomed, but most in agriculture are wondering why it didn’t get done in the first place OR if it will get done next year. Mary Kay Thatcher, Senior Manager of Government Relations at Syngenta, is one of the latter.
California Artichoke Production Down and ASF in China Data
The Agribusiness Update
Artichoke production on California’s Central Coast has steadily fallen over the past three decades, and the 2018 spread of African swine fever to China had reverberations in the global pork market, according to new USDA data.
GFB Annual Convention and ASF in China Data
The Agribusiness Update
Georgia Farm Bureau members are gathered in Jekyll Island for the organization’s 86th annual convention, and the 2018 spread of African swine fever to China had reverberations in the global pork market, according to new USDA data.
Funds For Beginning Farmers and Net Farm Income Higher
The Agribusiness Update
The USDA is spending nearly $28 million to support organizations that teach and train beginning farmers and ranchers, and the U.S. saw growth of almost 31% in net farm income from 2021 through 2022.
USDA Funding for Veterans and Household Spending for Food
The Agribusiness Update
The USDA announced $27.6 million in grants for underserved and veteran farmers, ranchers, and foresters, and households spend more on food as their incomes rise, but the amount represents a smaller share of their overall budgets.
USDA Forecasts 23% Drop From 2022 Farm Income Levels
Southeast Regional Ag News
Released at the end of August, the agency dropped net farm income expectations for 2023 lower than initial February estimates.