University of Georgia Organic Farming Study and Net Farm Income Higher in 2022

University of Georgia Organic Farming Study and Net Farm Income Higher in 2022

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**As demand for organic food continues to rise, organic agriculture has attracted both longtime producers and new farmers to the practice.

University of Georgia researchers are working on a new study meant to develop best practices for organic farming.

Lead researcher, Kate Cassity-Duffey tells, the study was prompted by rising interest in expanding organic production, farmer-informed research and work being done by the Working Farms from The Conservation Fund.

**Net farm income for U.S. farmers is forecast at $160.5 billion in 2022, a $19.5 billion jump over 2021.

The December Farm Sector Income and Finances report shows NET CASH farm income forecast to be up $29 billion over 2021, BUT farm sector debt will increase by $27.8 billion to almost $502 billion.

Working capital, the amount of available cash to fund operating expenses after paying off debt, will rise 4.7%, but drop 1.4% when adjusted for inflation.

**Massachusetts Democratic Senator Edward Markey sent letters to 20 car manufacturers requesting they maintain AM radio in their vehicles, including new Electric Vehicles.

Markey says consumers still value AM radio and stressed FREE broadcast radio is a critical and reliable channel for local, state, and federal government officials to communicate.

Markey says, despite things like smartphones and social media, broadcast radio remains the most dependable and accessible communication mechanism for public emergencies.

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