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Category Archive

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

school meals

USDA Program Feeds Children During Summer Months

Dan September 6, 2022Agri-Business, Economy, Education, Funding, This Land of Ours

States and territories issue $12.5 billion in USDA’s Summer Child Food Benefits program. That’s coming up on This Land of Ours. The Department of Agriculture (USDA) partnered with 32 states …

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Sabrina Halvorson
usda

USDA Says Farm Profits to Reach Near-Record High in 2022

Dan September 5, 2022Agri-Business, Economy

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 …

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Sabrina Halvorson
usda

USDA Updates Crop Insurance Plans to Broaden Access

Dan September 2, 2022Crop Insurance, Economy

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 …

Read More
Micro FarmSabrina HalvorsonWhole-Farm Revenue Protection
interest expense ratio

Interest Expense Ratio for Agriculture Stays Even with 20-year Average

Dan August 31, 2022Agri-Business, Economy

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 …

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outlook

Inflation Hitting Farm Families

Dan August 15, 2022Economy

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 …

Read More
Inflation Reduction ActSabrina Halvorson
food prices

Food Prices Post Biggest Drop Since 2008

Dan August 9, 2022Economy, This Land of Ours

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 …

Read More
Sabrina Halvorson
farm share

Discussion on Higher Input Costs

Dan August 4, 2022Economy, This Land of Ours

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 …

Read More
American Agri-WomenSabrina Halvorson
food spending

USDA Says Rising Food Prices Could Ease in 2023

Dan July 28, 2022Economy, This Land of Ours

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 …

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Sabrina Halvorson
schools

USDA Helps Schools and Childcare Providers Deal with Rising Food Costs

Dan July 26, 2022Agri-Business, Economy, Education, Funding, This Land of Ours

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 …

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Sabrina Halvorson
fertilizer

Removing Barriers to Meet Growing Demand for Food

Dan July 19, 2022Agri-Business, Economy

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 …

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American Farm Bureau Federation (AFBF)
Farm Bill

House Agriculture Hearing on Credit for Farmers

Dan July 18, 2022Economy, Farm Bill, Legislative

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, …

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third quarter

Family Farm Living Expenses

Dan July 15, 2022Economy, This Land of Ours

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 …

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Kansas Farm Management AssociationSabrina Halvorson
report

Report Highlights Effects of Rising Labor Costs

Dan July 14, 2022Economy, Labor and Immigration

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 …

Read More
Sabrina Halvorson
world food prices

World Food Prices Fall in June

Dan July 13, 2022Economy, This Land of Ours

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, …

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Sabrina Halvorson
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