…said. “Ultimately, we had the highest price on record for the cost of tomatoes in 2023.” But the industry’s record-high pricing didn’t hold. A bumper crop led to an oversupplied…
Ground Beef Prices Hit Historic Highs Amid Supply Chain Strains
…latest Consumer Price Index data from the U.S. Bureau of Labor Statistics, the national average price for ground beef surpassed $6 per pound — the highest ever recorded since data…
New Tax Provision Eases Capital Gains Burden for Farmers
…tax payment. Understanding Capital Gains in Agriculture Capital gains taxes are incurred when a farmer sells an asset—such as farmland—for more than its original purchase price. The tax is based…
Cotton Acreage Drops Significantly Across the Belt
…cotton reference price to $0.42, a change that could greatly benefit producers. “That reference price would have triggered payments in 35 of the last 37 crop years,” Smith emphasized, estimating…
Tariff Disrupts U.S.-Brazil Beef Trade
…Supply Faces Price Pressure In the United States, a recent shortage of domestic cattle had led to a surge in demand for Brazilian beef. With the new tariff in place,…
Fertilizer Prices Steady as Brazil Potash Secures Funding
Fertilizer Prices Show Stability for Fifth Consecutive Week Fertilizer markets have remained relatively stable for the fifth week in a row, with no significant price movement in either direction. While…
Wade Kirschenman on Grapes, Potatoes & Policy
…like potatoes and grapes. “High diesel costs and California’s strict trucking regulations make everything more expensive,” Wade explained. “It’s hard to get trucks at a good price—but if people want…
Nick Foglio on Hay Markets, Water Scarcity, and the Future of California Ag
…Ag Nick Foglio Foglio described a softening hay market, where top-end delivered alfalfa prices peaked around $275 per ton but have since dipped. Dry cow hay prices hover between $170–$190…
New Tariff Targets Mexican Tomato Imports
…of Higher Consumer Prices Critics, including U.S. companies that operate tomato farms in Mexico, warn that the tariff will increase costs for American consumers. Tim Richards, a professor at Arizona…
Mid-July Update: Hay and Alfalfa Market Prices
…Price Range: $250 – $265 per ton delivered Blender-Type Hay: Clean, soft 53 TDN hay suitable for blending Price Range: $205 – $215 per ton Dry Cow Alfalfa: Lower-end hay…
Chad Bianco: “California Is in Crisis—And Agriculture Is Paying the Price”
…to agriculture, land use, and rural representation. Chad Bianco: “California Is in Crisis—And Agriculture Is Paying the Price” “Everyone has just had enough,” Bianco said. “California is in crisis, and…
California Fresh Fruit Industry Faces Crisis
…foreign competitors face far fewer restrictions. “It makes it really tough to be competitive,” he warned, especially as other countries adopt U.S. techniques without the regulatory price tag. Labor Reform…
California Walnuts Battle Global Price Pressure
…exporters face in international markets. California Walnuts Battle Global Price Pressure “India currently imposes a 100% tariff on all California walnuts,” Jameson explained. “That doubles the cost of entry, making…
Agricultural Prices Rise 1.7% in May Amid Climbing Farm Costs
…indexes ticking upward. This contributed to a 1.7% overall rise in agricultural prices, reflecting complex shifts across key sectors. Ag Prices Rise 1.7% in May Amid Climbing Farm Costs Crop…