Trimble Agriculture

JANUARY 17, 2024

Lower agricultural commodity prices are contributing to a decline in net farm income in 2024. Agriculture commodity prices are on the decline —with a three percent decrease forecasted in 2023. In 2024, net farm income is predicted to follow a similar pattern of decline. “I

Marketing 104

Marketing Net Farm Income Agriculture Agriculture 104

Trimble Agriculture

SEPTEMBER 20, 2023

In 2022, landowners experienced record high farm income, with net farm income reaching $183 billion. Net Farm Income and Cash Farmer Income, Inflation Adjusted (billion dollars) Note: F = forecast. But in 2023, that number is predicted to fall 22 percent. Livestock and Poultry: +17.9%

Farming 105

Farming Farming Net Farm Income Poultry 105

Trimble Agriculture

NOVEMBER 22, 2023

As COVID-era funding runs out and input costs continue to rise, farm income is expected to fall 22 percent in 2023. Even so, it’s important to understand that farm liquidity remains strong and net farm income will still remain well above the 10-year average. billion to $140.4 in the Corn Belt.

Farmland 69

Farmland Marketing Net Farm Income Real Estate 69

Trimble Agriculture

NOVEMBER 15, 2023

It is also less common for American farmland to be owned by someone outside of the agriculture industry. million acres of U.S. agricultural land. million acres). million acres). In comparison, China owns 347,000 acres. Over 75 percent of farmland in the U.S. In 2023, foreign entities owned 40.8 Florida: 10.2%

Farmland 59

Farmland Marketing Pasture Acre 59

National Sustainable Agriculture Coalition

MAY 10, 2024

On May 1, 2024 – after months of stalled farm bill negotiations on both sides of Capitol Hill – Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) released a detailed section-by-section summary of her farm bill proposal. NSAC will reserve final assessment until the full legislative text becomes available.

Ruralism 110

Ruralism Food Farming Farming 110

Agricultural Economics Insights

DECEMBER 17, 2023

By: Brent Gloy and David Widmar The Agriculture Headlines That Caught Our Attention This Year For our final post of the calendar year, we are reflecting on the biggest agricultural stories of 2023. bushels per acre, the USDA December estimate pegs the corn crop 6.7 For most of us in agriculture, A.I.’s 2018 was 5.2

Agriculture 122

Agriculture Agriculture Farmland Yield 122

Agwired

JANUARY 10, 2025

Department of Agriculture after it announced that an additional $650 million would be made available to support struggling specialty crop producers. Department of Agriculture Secretary Tom Vilsack and U.S. Carter is a Junior from Delaware studying Agricultural Economics. Ranking Member Angie Craig applauded the U.S.

Net Farm Income 45

Net Farm Income Marketing Agriculture Agriculture 45