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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 netfarmincome for U.S.
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 netfarmincome in 2024. Lewis as its new executive director, effective January 29th.
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