Trimble Agriculture

JANUARY 17, 2024

Lower agricultural commodity prices are contributing to a decline in net farm income in 2024. This, combined with higher input costs, fewer government payments, and rising interest rates, is leading to a drop in net farm income. In 2024, net farm income is predicted to follow a similar pattern of decline.

Marketing 104

Marketing Net Farm Income Agriculture Agriculture 104

Trimble Agriculture

NOVEMBER 22, 2023

farmland market has remained remarkably resilient for the last several decades—but will it last? As COVID-era funding runs out and input costs continue to rise, farm income is expected to fall 22 percent in 2023. Net Farm Income After a record-breaking high in 2022, net farm income is expected to fall a total of $41.7

Farmland 69

Farmland Marketing Net Farm Income Real Estate 69

Trimble Agriculture

NOVEMBER 15, 2023

The farmland market is an important indicator of an operation’s financial strength. Historically, farm values have held steady in the face of economic turbulence, making them an effective risk management tool during market fluctuation. million acres of U.S. million acres). In comparison, China owns 347,000 acres.

Farmland 59

Farmland Marketing Pasture Acre 59

Agwired

JANUARY 10, 2025

Bicameral Agriculture Democrats responded with a letter that same day to USDA and the Office of Management and Budget, conveying the need to make additional funding available to producers via the Marketing Assistance for Specialty Crops (MASC) program. Department of Agriculture Secretary Tom Vilsack and U.S. Keystone Cooperative, Inc. ,

Net Farm Income 45

Net Farm Income Marketing Agriculture Agriculture 45

National Sustainable Agriculture Coalition

MAY 10, 2024

As with all programs, NSAC will continue to analyze the RPFSA’s CSP provisions, including a proposed one-time CSP subprogram focused on enrollment of up to 500,000 acres of native or improved pasture land used for livestock grazing in the Lower Mississippi River Valley to address water quality issues leading to hypoxia in the Gulf of Mexico.

Ruralism 110

Ruralism Food Farming Farming 110

Agricultural Economics Insights

DECEMBER 17, 2023

Mexico Allows GM Corn Imports for Feed Perhaps the biggest near-miss for ag markets, Mexico clarified that corn imports used for feed won’t be included in the country’s 2024 GMO ban. bushels per acre, the USDA December estimate pegs the corn crop 6.7 To wrap up this list positively, farm incomes in 2023 remained historically high.

Agriculture 122

Agriculture Agriculture Farmland Yield 122

National Sustainable Agriculture Coalition

JANUARY 14, 2025

Programs of particular note that will go without additional funding are the National Organic Certification Cost Share Program (OCCSP), the 1890s Scholarship Program , and the Organic Production and Market Data Initiatives (ODI). The discrepancy revealed much about which farm businesses the new Congress will be inclined to prioritize (i.e.

Net Farm Income 59

Net Farm Income Distribution Farming Farming 59