USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income to increase by $13.5 billion or 8.7 percent from 2021. Net cash farm income is gross cash income minus …
USDA Updates Crop Insurance Plans to Broaden Access
The Department of Agriculture (USDA) is improving two of its most comprehensive risk management safety net programs. USDA announced the improvements for the Whole-Farm Revenue Protection, and Micro Farm, making …
Interest Expense Ratio for Agriculture Stays Even with 20-year Average
USDA’s Economic Research Service reports the interest expense ratio of farms was 0.04 in 2020, remaining in line with the long-term trend and initial forecasts, despite the pandemic. The COVID-19 …
Inflation Hitting Farm Families
Inflation is ‘front and center’ for agriculture and other sectors as Washington lawmakers fight over ways to control it ahead of the November midterm elections. Iowa Senator Joni Ernst says …
Food Prices Post Biggest Drop Since 2008
Food prices continue to drop. That’s coming up on This Land of Ours. Global food prices fell by the biggest amount since 2008 due to easing concerns over the supplies …
Discussion on Higher Input Costs
Taking a wider look at higher ag input costs. That’s coming up on This Land of Ours. American Agri-Women hosted the Global Food and Energy Supply Conversation recently to respond …
USDA Says Rising Food Prices Could Ease in 2023
Could we see lower food prices next year? That’s coming up on This Land of Ours. The all-items Consumer Price Index increased 1.4 percent from May to June and is …
USDA Helps Schools and Childcare Providers Deal with Rising Food Costs
Helping schools manage rising food costs. That’s coming up on This Land of Ours. The USDA announced an increase in funding to help schools continue to serve healthy meals this …
Removing Barriers to Meet Growing Demand for Food
The American Farm Bureau is calling on USDA to take steps to make sure American farmers continue to have access to crucial fertilizer supplies. The organization submitted comments on USDA’s …
House Agriculture Hearing on Credit for Farmers
The House Agriculture Committee recently held a hearing titled “A 2022 Review of the Farm Bill: The State of Credit for Young, Beginning, and Underserved Producers.” During his opening statement, …
Family Farm Living Expenses
Inflation is hitting everyone, but what does it mean for the farm family? That’s coming up on This Land of Ours. A study by the Kansas Farm Management Association shows …
Report Highlights Effects of Rising Labor Costs
When ag labor costs rise, specialty crop growers are usually among those hit hardest. Now, a new USDA report goes in-depth on how fruit and vegetable growers are handling the …
World Food Prices Fall in June
Costs may still feel high, but food prices are falling. That’s coming up on This Land of Ours. World food prices fell for a third straight month in June. However, …
War in Ukraine Takes Increasing Toll in Food Inflation, Global Hunger
The warning signs are growing that Russia’s war on Ukraine will increase hunger and mass starvation this fall, especially in Africa, the Middle East, and parts of Asia. Arizona Rep. …