Florida Foreign Purchases of Ag Land and Gas Prices Fall Again
**Florida Ag Commissioner Wilton Simpson is pleased after the Florida Legislature passed Senate Bill 264, which protects Florida’s food supply by prohibiting China and other hostile foreign powers from purchasing ag lands and lands near critical infrastructure facilities.
Simpson tells www.morningagclipscom, food security is national security, and we have a responsibility to ensure Floridians have access to a safe, affordable and abundant food and water supply.
**For the third consecutive week, the nation's average gas price has fallen, down 7.5 cents from a week ago to $3.50 per gallon.
That’s down 7.5 cents from a month ago and 80.7 cents lower than a year ago.
The average diesel price declined 6.3 cents in the past week to $4.01 per gallon, $1.51 lower than one year ago, and could drop below $4 per gallon in the days ahead.
**After reaching recent highs in 2021 and 22, the average net cash income of U.S. farm businesses is expected to decline by 18% in 2023 compared with 2022.
Farm businesses across the country are forecast to see higher production expenses, lower cash receipts, and lower Government payments in 2023, resulting in lower expected average net cash farm income.
However, this overall decline will vary considerably across the country.