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Category Archive

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

land sales

Professional Athletes Buying Farmland

Dan January 16, 2023Agri-Business, Economy, This Land of Ours

Some professional athletes are buying up farmland. That’s coming up on This Land of Ours. Cincinnati Bengals quarterback Joe Burrow and longtime NBA player Blake Griffin are among some of …

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Sabrina Halvorson
food prices

Food Prices Drop in December BUT …..

Dan January 10, 2023Economy, This Land of Ours

Food prices were a little lower in December, but still higher than the year before. That’s coming up on This Land of Ours. The United Nations Food and Agricultural Organization’s …

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Sabrina Halvorson
sentiment

Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

Dan January 8, 2023Economy

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. Although U.S. farmers were …

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Purdue University-CME Group Ag Economy BarometerSabrina Halvorson
eggs

Eggs Double in Price During 2022

Dan January 3, 2023Dairy & Livestock, Economy, This Land of Ours

Eggs are more expensive than they were in 2021. Marketplace says the Bureau of Labor Statistics reports the price of a dozen Grade A eggs jumped from $1.82 in 2021 …

Read More
MarketplaceSabrina Halvorson
food prices

Report Shows Price Increases for Different Food Types

Dan January 2, 2023Economy, This Land of Ours

How did prices increase for different types of food? That’s coming up on This Land of Ours. A new USDA report shows retail food prices increased 8.9 percent in the …

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Sabrina Halvorson
farm income

Farm Income Rising

Dan December 6, 2022Economy

USDA projects 2022 calendar year net farm income up nearly $20 billion, or 13.8 percent from 2021. American Farm Bureau Federation Senior Economist Veronica Nigh explains what is driving the …

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American Farm Bureau Federation (AFBF)Sabrina Halvorson
farm share

Farm Share of U.S. Food Dollar Reached Historic Low in 2021

Dan November 29, 2022Agri-Business, Economy

U.S. farm establishments received 14.5 cents per dollar spent on domestically produced food in 2021—a decrease of 1.0 cent from a revised 15.5 cents in 2020. The figure is the …

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Sabrina Halvorson
Thanksgiving meal

NFU Releases 2022 Farmer’s Share of Thanksgiving Food Dollar

Dan November 24, 2022Agri-Business, Economy, This Land of Ours

How much do farmers make for that Thanksgiving meal? That’s coming up on This Land of Ours. National Farmers Union (NFU) released the 2022 Farmer’s Share of the food dollar …

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Sabrina Halvorson
basf

BASF Financing Program

Dan November 21, 2022Economy, Seeds

As the agriculture community grapples with uncertainty ahead of the 2023 growing season, BASF is extending what some would call a lifeline in the midst of an unsettled economy. For …

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BASFBASF Financing
combine

Combine Sales Rise While Tractor Sales Drop in October

Dan November 18, 2022Agri-Business, Economy, This Land of Ours

A look at trends in ag equipment sales. That’s coming up on This Land of Ours. Combine harvester sales showed double-digit gains during October in North America. The Association of …

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Association of Equipment Manufacturers (AEM)Sabrina Halvorson
thanksgiving

Thanksgiving Dinner Cost Up 20% per Farm Bureau Survey

Dan November 16, 2022Berries, Carrots, Cherries, Dairy & Livestock, Economy, Field & Row Crops, Fruits & Vegetables, Leafy Greens, Nuts & Grapes, Poultry, Specialty Crops, Vegetables

(AFBF/WASHINGTON, November 16, 2022) — Spending time with family and friends at Thanksgiving remains important for many Americans and this year the cost of the meal is also top of …

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American Farm Bureau Federation (AFBF)
grain

Mississippi River Grain Shipments Down 78 Percent

Dan November 10, 2022Corn, Economy, Exports/Imports, Grain, This Land of Ours

Drought continues to cause a major slowdown in shipping. That’s coming up on This Land of Ours. The USDA’s Agricultural Marketing Service (AMS) says the number of grain barges being …

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Mississippi River
house

Ag Groups Ask Congress to Prevent Potential Railroad Strike

Dan November 8, 2022Agri-Business, Economy

More than 190 members of the Agricultural Transportation Working Group want Congress to prepare to help prevent a railroad strike or lockout. Beef Magazine says a strike or lockout would …

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Agricultural Transportation Working GroupSabrina Halvorson
third quarter

Third Quarter Report Shows Economic Improvement

Dan October 28, 2022Economy

The third quarter GDP report showed some improvements in the nation’s economy. President Biden issued a statement on the report that stated it was “further evidence that our economic recovery …

Read More
Sabrina Halvorson
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