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Industry Ag News 2/9

Agwired

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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Farm Bill Coalition Letter

NASDA

We were encouraged to see farm bill proposals released by leadership of the House and Senate committees of jurisdiction in May and June. We were especially pleased to see swift movement in the House Committee on Agriculture and the resulting bipartisan vote of approval for the Farm, Food, and National Security Act of 2024.

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