Remove Acre Remove Net Farm Income Remove Yield
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A Deep Dive on the Senate’s Farm Bill Proposal: the Rural Prosperity and Food Security Act of 2024

National Sustainable Agriculture Coalition

Improved cost-share accounting for income forgone when farmers experience losses in revenue due to production changes, anticipated reductions in yield, transitioning to an organic resource-conserving system, or acreage converted to conservation uses. Increases the minimum CRP Grasslands acreage from 2 million to 10 million acres.

Ruralism 110
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The 2023 Agricultural Year in Review

Agricultural Economics Insights

However, the yield curve has been getting less inverted as long-term rates trended higher throughout the Fall. Corn Yield Again Below Trend At 174.9 bushels per acre, the USDA December estimate pegs the corn crop 6.7 bushels below the trend line, the 7th lowest corn yield in 35 years. 2018 was 5.2 bushels above trend).