Agricultural Economics Insights

JANUARY 21, 2024

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).

Net Farm Income 67

Net Farm Income Farmland Farming Farming 67

Trimble Agriculture

NOVEMBER 15, 2023

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

Farmland 59

Farmland Marketing Pasture Acre 59

Todays Farmer Magazine

APRIL 30, 2024

FAPRI’s report shows prices for many farm commodities have fallen sharply from 2022 peaks and will likely decline further for crops harvested in 2024 and beyond. 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 per bushel to a projected $10.73

Net Farm Income 52

Net Farm Income Farming Farming Poultry 52

ProAg

JULY 21, 2023

The nearly 60 economists surveyed expressed weather extremes and commodity market volatility as the main factors impacting short-term outlooks. The monitor forecasts net farm income to fall $132.8 Ongoing volatility in both Ukraine and China is a driving force in both near- and long-term uncertainty.

Net Farm Income 52

Net Farm Income Marketing Farming Farming 52

Trimble Agriculture

JANUARY 24, 2024

In 2023, inflation-adjusted net farm income is forecasted to decline 20 percent, falling from several years of record highs. This trend is expected to continue into 2024, albeit at a slower pace, with income falling close to the five-year average. Net farm income is nearing the five-year average.

Net Farm Income 59

Net Farm Income Agriculture Agriculture Farming 59

ProAg

AUGUST 30, 2023

The Cornell Pro-Dairy Dairy Farm Business Summary revealed an optimistic financial analysis of 2022, surveying farms of all sizes. Data disclosed that net farm income at least doubled compared to 2021 for farms of all sizes.

Net Farm Income 52

Net Farm Income Farming Farming Marketing 52

Todays Farmer Magazine

APRIL 28, 2023

For 2023, an assumed return to more normal conditions results in projected declines in commodity prices, farm income and food price inflation, according to the latest U.S. Agricultural Market Outlook from the Food & Agricultural Policy Research Institute at the University of Missouri. in 2023 and under 2% in 2024.

Net Farm Income 52

Net Farm Income Real Estate Supply Chain Crop 52

Trimble Agriculture

JULY 5, 2023

The USDA expects a decrease in farm sector profits this year. Net farm income is forecast at $136.9 Some operators find that consolidating debt from several different loans under one monthly payment nets them a lower interest rate and a more manageable payment schedule.

Farming 98

Farming Farming Finance Net Farm Income 98

Agwired

FEBRUARY 9, 2024

According to a new research brief from CoBank’s Knowledge Exchange, cocoa prices are likely to remain elevated until a new African crop comes to market in late 2024. Farmers can expect the largest recorded year-to-year dollar drop in net farm income in 2024. Lewis as its new executive director, effective January 29th.

Net Farm Income 45

Net Farm Income Manufacturing Crop Farming 45

NASDA

SEPTEMBER 10, 2024

Throughout the life of the current farm bill, producers across the country have experienced powerful headwinds, ranging from extreme weather to high input costs to uncertain global demand to supply chain disruptions. Farmers are struggling, and the decline in the farm economy is real. Estimated 2024 net farm income for U.S.

Farming 130

Farming Farming Grain Supply Chain 130

Trimble Agriculture

AUGUST 7, 2024

Farmers face unique financial challenges, from fluctuating market prices to unpredictable weather conditions. According to the latest USDA data, net farm income is forecast to fall 27 percent in 2024. Topics include ag loan requirements, industry trends, market forecasts, farm policy, and more.

Finance 59

Finance Net Farm Income Marketing Farming 59

Agwired

MARCH 22, 2024

Planting Hope Brands will have to change its packaging and marketing accordingly. Agricultural Market Outlook is now available. Prices for many farm commodities have fallen sharply from their 2022 peaks, contributing to lower farm income and slower food price inflation. Cargill awarded a three-year grant of $3.15

Plowing 45

Plowing Net Farm Income Farming Farming 45

Trimble Agriculture

SEPTEMBER 11, 2024

use the USDA’s farm income forecast to guide financial decisions for the coming year. Key Takeaways from the 2024 Farm Income Forecast Net farm income decreased by 19.5 Rural community stakeholders across the U.S. This data also provides insight into the trajectory of the U.S. billion (4.4

Farming 59

Farming Farming Net Farm Income Finance 59

Trimble Agriculture

JANUARY 10, 2024

After record-breaking farm income in 2022, factors that propelled key commodity prices and government payments forward reversed course, indicating a potential slowdown ahead for the U.S. farm economy. Even so, net farm income ended the year 7.2 Instead, the market defied expectations—U.S.

Farming 105

Farming Farming Ruralism Net Farm Income 105

National Sustainable Agriculture Coalition

MAY 10, 2024

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.

Ruralism 110

Ruralism Food Farming Farming 110

Agricultural Economics Insights

DECEMBER 17, 2023

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. Farmland Market Persists The farmland market maintained its footing in 2023 despite rising interest rates. SVB wasn’t the only U.S. 2018 was 5.2

Agriculture 122

Agriculture Agriculture Farmland Yield 122

Agwired

JANUARY 10, 2025

Bicameral Agriculture Democrats responded with a letter that same day to USDA and the Office of Management and Budget, conveying the need to make additional funding available to producers via the Marketing Assistance for Specialty Crops (MASC) program. Department of Agriculture Secretary Tom Vilsack and U.S. Keystone Cooperative, Inc. ,

Net Farm Income 45

Net Farm Income Marketing Agriculture Agriculture 45

Modern Farmer

AUGUST 9, 2024

The bulk of farm policy is controlled at the congressional level, so the president can only have a limited role in planning what will ultimately end up in a farm bill.” Net farm income hit $165 billion between 2021 and 2023, compared with $94 billion between 2017 and 2019. for the bottom half.)

Farming 100

Farming Farming Food Agriculture 100

National Sustainable Agriculture Coalition

JANUARY 14, 2025

Programs of particular note that will go without additional funding are the National Organic Certification Cost Share Program (OCCSP), the 1890s Scholarship Program , and the Organic Production and Market Data Initiatives (ODI). billion, placing net farm income a measure of profit markedly above its 20-year inflation-adjusted average, $121.4

Net Farm Income 59

Net Farm Income Distribution Farming Farming 59

Civil Eats

FEBRUARY 6, 2025

During the main panel, National Farmers Union president Rob Larew and American Farm Bureau Federation president Zippy Duvall painted a picture of struggling American farmers facing a multitude of challenges. One of the concerns weve expressed is the potential of shrinking markets, he said.

Net Farm Income 52

Net Farm Income Farming Farming Fertilizer 52