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farmlandmarket 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, farmincome is expected to fall 22 percent in 2023. NetFarmIncome After a record-breaking high in 2022, netfarmincome is expected to fall a total of $41.7
The farmlandmarket 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.
This is true when thinking about the performance of the land market over the past two decades. The strength of the marketplace and the record-shattering prices being paid for good cropland have been well discussed and documented in venues ranging from the ag press to Wall Street markets ( here , here , and here , for instance).
Farmers face unique financial challenges, from fluctuating market prices to unpredictable weather conditions. According to the latest USDA data, netfarmincome is forecast to fall 27 percent in 2024. Topics include ag loan requirements, industry trends, market forecasts, farm policy, and more.
Creating a Farmer Seed Liaison position in the Agricultural Marketing Service (AMS), whose responsibilities include strengthening competition and choice in the seed marketplace (Sec. Provides $5 million in mandatory funding for Organic Production and Market Data Initiatives, to remain available until expended (Sec.
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. FarmlandMarket Persists The farmlandmarket maintained its footing in 2023 despite rising interest rates. SVB wasn’t the only U.S.
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