Young Farmers and Ranchers Leadership Conference and Farm Sector Real Estate Debt
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Young farmers and ranchers from across Florida will gather in Orlando for the 2023 Young Farmers & Ranchers Leadership Conference July 7-9.
The weekend conference, themed Growing Forward, will guide attendees in ways to grow as individuals and on their farms.
The agenda includes competitive events like the Achievement in Agriculture, Excellence in Agriculture and Discussion Meet, farm tours, networking opportunities and professional development sessions.
www.floridafarmbureau.org/news/young-farmers-and-ranchers-will-gather-in-orlando-for-annual-conference/
**New data from USDA’s Economic Research Service shows farm sector debt tied to real estate is expected to be at a record high of $375.9 billion in 2023.
Farm sector real estate debt has been increasing continuously since 2009 and is expected to reach 87.5% higher this year compared with 2009.
Real estate debt now far outpaces debt not secured by a mortgage.
**The National Oceanic and Atmospheric Administration released the 2022 Status of Stocks report, outlining marine fish stocks managed by NOAA.
In 2022, fisheries data revealed 93% of stocks are not subject to overfishing and 81% are not overfished, slight improvements over 2021.
NOAA administrator Rick Spinrad says, this report reveals the U.S. remains a global leader in maintaining the sustainable fisheries that drive the blue economy.
