Agricultural Economics Insights

JANUARY 21, 2024

The first graph – from U.S.D.A – shows how net farm income has had two periods of very strong farm profitability during the last 20 years. agriculture has experienced the strongest income period since World War II, which is a fundamental reason for higher land prices today. Figure 1 – U.S.

Net Farm Income 67

Net Farm Income Farmland Farming Farming 67

NASDA

SEPTEMBER 28, 2023

To manage risk, it’s important for America’s farmers, growers, and ranchers to be supported by strong farm bill programs as they face extreme weather conditions, natural disasters, high supply costs and inflationary pressures – all of which farmers, growers, and ranchers are facing right now.

Farming 130

Farming Farming Net Farm Income Agriculture 130

Trimble Agriculture

NOVEMBER 15, 2023

The farmland market is an important indicator of an operation’s financial strength. For farmers who own their land, farmland makes up more than 80 percent of their total assets. Historically, farm values have held steady in the face of economic turbulence, making them an effective risk management tool during market fluctuation.

Farmland 59

Farmland Marketing Pasture Acre 59

National Sustainable Agriculture Coalition

MAY 10, 2024

NSAC welcomed the pragmatic Senate bill, the Rural Prosperity and Food Security Act of 2024 (RPFSA) , as an important step toward completing a bipartisan farm bill reauthorization this year. Throughout the RPFSA, numerous provisions take consequential steps toward a more equitable food and farm system.

Ruralism 111

Ruralism Food Farming Farming 111