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Category Archive

Below you'll find a list of all posts that have been categorized as “Economy”

three-point hitch

Breakdown of Farm Production Expenditures

Dan August 12, 2024Economy, This Land of Ours

A breakdown of farm production expenditures. That’s coming up on This Land of Ours. USDA’s latest look at farm production expenditures in total and by various categories gives insight into …

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hurricane debby

Impacts of Hurricane Debby on Agriculture

Dan August 8, 2024Agri-Business, Economy, This Land of Ours

The impacts of Hurricane Debby on agriculture. That’s coming up on This Land of Ours. How have crops and livestock been affected so far by what was Hurricane Debby, and …

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Hurricane Debby

Panel Warns House Agriculture Committee of ‘Perfect Storm’ for Farm Economy

Brian German August 6, 2024Agri-Business, Economy, Industry

A House Agriculture Committee panel, including farmers, a lender, an input supplier, and an Extension economist, highlighted severe challenges facing the agricultural supply chain. Panel members pointed to falling crop …

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farm economyHouse Agriculture CommitteeProduction costs
ecap

CBO Says House Farm Bill Cost Will Raise Deficit

Dan August 6, 2024Agri-Business, Economy, Farm Bill, Funding, Legislative

The Congressional Budget Office (CBO) released an official cost estimate of the House Ag Committee’s farm bill and said it’s $33 billion over budget and fails to pay for a …

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global

Profit Downturn for Global Ag Traders

Dan August 5, 2024Agri-Business, Economy, Exports/Imports, Exports/Imports, This Land of Ours, Trade

Lower profits for global ag traders. That’s coming up on This Land of Ours. Global bumper harvests, a downturn in crop markets, and slowing demand for farm equipment are shrinking …

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analysis

USDA Discrimination Payments

Dan August 2, 2024Economy, This Land of Ours

The USDA works to right some wrongs. That’s coming up on This Land of Ours. Checks are going out for the USDA’s discrimination financial assistance program. White House Director of …

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Discrimination Financial Assistance Program
nppc

Pork Industry Impact on U.S. Economy

Dan July 30, 2024Economy, Hogs & Pork

Despite some challenges this year, the U.S. pork industry remains an important contributor to the nation’s economy.  National Pork Producers Council (NPPC), released its latest Economic Impact Report featuring new data …

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National Pork Producers Council (NPPC)
food price forecast

2025 Food Price Forecast

Dan July 30, 2024Economy, This Land of Ours

What will food prices hold for next year? That’s coming up on This Land of Ours. The Agriculture Department is out with its first food price forecast for next year. …

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food price index
food

Some Good News in Food Price Forecast

Dan July 29, 2024Agri-Business, Economy, This Land of Ours

USDA’s latest food price forecast has a little good news for shoppers. Gary Crawford has more coming on up This Land of Ours. Analysts at the Agriculture Department are projecting …

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income

House Ag Takes Close Look at Dropping Ag Income

Dan July 25, 2024Agri-Business, Economy, Legislative

Farmers across the U.S. could see a drop of nearly 25-percent in their farm income compared to last year. That’s what USDA is predicting—and that’s why your lawmakers in Washington, …

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American Bankers Association
American Agriculture History

Despite Low Demand, Fertilizer Prices Remain High

Dan July 22, 2024Economy, Environment, Fertilizer, Fertilizer

Fertilizer prices remain higher despite agriculture being past the high-demand spring season. Josh Linville of StoneX told Agweb.com that multiple global factors are the reason prices have stayed high. Lower European …

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farm groups

Farm Groups Want Changes to SAF Tax

Dan July 19, 2024Agri-Business, Biofuels/Energy, Economy, Energy

Top farm groups want improvements in the administration’s sustainable aviation or clean fuel tax credit, shortcomings they say could put the benefits “out of reach for many farmers.” The American …

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independent

Independent Study Finds Economic Benefits to Beef Checkoff

Dan July 19, 2024Agri-Business, Cattle, Economy, Funding

According to a recent independent economic study, U.S. cattle producers get back $13.41 for each dollar they invest into the national Beef Checkoff program. Dr. Harry M. Kaiser of Cornell …

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Beef Checkoff
agricultural land

Agricultural Land Values Still High

Dan July 16, 2024Agri-Business, Economy

“Nothing short of exceptional.” That’s how Farmers National Company describes the agricultural land market over the last five years. According to the company, gains in value are prevalent across all …

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Farmers National Company
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