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

As a result of persistently high input costs and rapidly declining commodity and food crop prices, the USDA now projects that this year’s drop in both net farm income and net cash income will be the largest decline of all time, down $42 billion and $54 billion, respectively.

Farming 130

Farming Farming Net Farm Income Agriculture 130

Agricultural Economics Insights

DECEMBER 17, 2023

June Acreage Surprise Perhaps the biggest story in the grain market was the June acreage report, which revealed the low soybean/corn price ratio in late 2022 did its job of motivating producers to plant corn. Farmland Market Persists The farmland market maintained its footing in 2023 despite rising interest rates. 2018 was 5.2

Agriculture 122

Agriculture Agriculture Farmland Yield 122

National Sustainable Agriculture Coalition

MAY 10, 2024

Expands the types of “new or innovative conservation approaches” funded through On-Farm Conservation Innovation Trials to include on-farm nutrient recycling, perennial production systems including agroforestry and perennial forages and grain crops, and livestock-related practices that reduce GHG emissions including enteric methane emissions.

Ruralism 111

Ruralism Food Farming Farming 111