…the relief farmers and ranchers need to help them recover.” Net farm income is forecast to be 43 percent lower than in 2013, yet farm production expenses are four percent…
Ag Producers Cut Expenses by Nine Percent
…Report. The peak outlay for expenses was 2014, when farmers spent nearly $400 billion, just as commodity prices began a sharp decline. Average spending per farm last year was $171,000,…
USDA Sharply Revises Farm Income Forecasts
…the farm sector as a whole, farm businesses are expected to incur lower expenses in 2016, particularly for livestock/poultry purchases, fuel, and fertilizer. Cash expenses for U.S. farm businesses are…
Agriculture Secretary Vilsack on Farm Income Forecasts
…significantly to $80.7 billion-an increase of 43 percent since the February forecast. Falling production expenses, including the price of fuel and inputs, was the largest contributor to this latest rally…
Co-ops and Ag Retailers Face Economic Challenges
…ways to lower expenses. Fertilizer sales usually account for about half of ag retailers’ total revenue, so falling prices have made it difficult for them to maintain positive margins. Forecasts…
Meeting Emissions Goals
…what we experienced in 2008, it’s still one of our top two operating expenses. That’s why the industry has worked closely with the Environmental Protection Agency and the National Highway…
Rural Mainstreet Economy Weakens
…suffer negative cash flows where cash expenses exceed cash revenues for 2016. This month, bankers estimated farmland prices have fallen by six percent over the past 12 months. However, there…
Ag Looking for Tax Certainty from Candidates
…Section 179 single-year expensing to buy equipment. Agriculture won permanent Section 179 single-year expensing for equipment and other capital expenses last December, but only extensions for bonus depreciation and some…
Fresno County Ag Value Declines in 2015
…Amounts in the report reflect the gross income values only (income before expenses) and does not reflect net return to producers. According to the released figures, an increase was seen…
Dollars Spent at Farmers Market
…Agriculture (14%), grocers (13%), and farmstands (9%). Similarly to direct-to-consumer most of the wholesale activity was in the Bay Area. The direct market producers’ annual production and marketing expenses averaged…
Agriculture Production Costs Sharply Decline in 2015
…increased last year was livestock, poultry and related expenses, on which the producers spent $45.4 billion last year, an increase of 0.7 percent from 2014. The other was miscellaneous capital…
Safe Fruit and Juice
…fruiting which can last from 3 to 20 years depending on the fruit crop; b) the large land areas necessary for planting seedling fruit tree populations and the associated expenses…
Agri View: Farm Trends
…of any sort is the money a farmer took in, while net income is the gross minus expenses, which are things like the cost of feed, seeds, rent, and/or wages…
Adama Reports Strong Volume Growth, Increased Profits
…provision due to a tax-related event from 1985, and expenses due to the early retirement of employees under an agreement from 2010. Commenting on the results, Yang Xingqiang, Chairman of…