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.
Daily Yonder
MARCH 14, 2024
food labels only be used on products derived from animals that were born, raised, and slaughtered within the United States. From 2022 to 2023, net farm incomes dropped by $41.8 Announced March 11 by Secretary of Agriculture Tom Vilsack, the new rule will require that “Product of U.S.A.” to be labeled “Product of U.S.A”
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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.
Todays Farmer Magazine
APRIL 30, 2024
The Food and Agricultural Policy Research Institute at the University of Missouri celebrates its 40th year in 2024, but there wasn’t much celebratory news in FAPRI’s latest baseline projections. As a result, net farm income is expected to hit the lowest level since 2020. per bushel in 2022-23 fall to a projected $4.39
Trimble Agriculture
SEPTEMBER 20, 2023
In 2022, landowners experienced record high farm income, with net farm income reaching $183 billion. Net Farm Income and Cash Farmer Income, Inflation Adjusted (billion dollars) Note: F = forecast. But in 2023, that number is predicted to fall 22 percent.
Todays Farmer Magazine
APRIL 28, 2023
Marc Rosenbohm, senior research associate with the University of Missouri’s Food & Agricultural Policy Research Institute, discusses the crop outlook during the 2023 Abner Womack Missouri Agriculture Outlook Conference on April 12 in Columbia. Projected net income declines in 2023 and 2024 as receipts and payments fall.
Agwired
FEBRUARY 9, 2024
Farmers can expect the largest recorded year-to-year dollar drop in net farm income in 2024. Income is estimated to be nearly $40 billion lower this year compared to 2023, down more than 25 percent. American Farm Bureau Federation economists analyzed the latest USDA data in a Market Intel.
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