USDA’s Economic Research Service updated farm sector profit projections, which are expected to increase in 2021. ERS forecasts inflation-adjusted net cash farm income, which is gross cash income minus cash …
Frozen Turkey Inventories 24% Below 3-year Average
Remembering to defrost the turkey might not be the only challenge families face as they try to get that perennial centerpiece onto the Thanksgiving table this year. As of August …
Exports Projected to Reach New High in Fiscal Year 2022
The total value of agriculture exports may reach an all-time high in fiscal year 2022, October through September. USDA‘s Economic Research Service says higher shipments of major categories of commodities, …
Use of H-2A Program More Than Triples Between 2010 and 2019
The use of the H-2A program has more than tripled over the last decade. According to a report from the U.S. Department of Agriculture’s Economic Research Service, the number of H-2A positions …
The Potential Effects of Increased Demand for U.S. Agricultural Exports on Metro and Nonmetro Employment
by Steven Zahniser, Tom Hertz, Peter Dixon, and Maureen Rimmer, Economic Research Service What Is the Issue? ERS estimates that U.S. agricultural exports supported about 1.1 million full-time, civilian jobs …
40 Percent of Farms Managed by Multiple Operators
New data released last week by the U.S. Department of Agriculture shows nearly 40 percent of all U.S. farms are managed by more than one operator. USDA’s Economic Research Service …
USDA Sharply Revises Farm Income Forecasts
The Department of Agriculture this week changed its forecast for 2016 net cash farm income to $94.1 billion, up from its initial projection of $90.9 billion in February. While USDA …