Great Southeast Pollinator Census and Financial Conditions in Farm Country
From the Ag Information Network, this is your Agribusiness Update.
**As summer passes, Southeast nature enthusiasts, gardeners and residents are gearing up for the 2024 Great Southeast Pollinator Census.
The August 23-24 event invites participants from Georgia,
North and South Carolina, and Florida to join in counting pollinators and collecting valuable data that helps understand pollinator populations and their impact on
agriculture.
For more, join the social media conversation through the Southeast Pollinator Census Facebook page or on Instagram @SoutheastPollinators.
www.morningagclips.com/protect-pollinators-by-joining-the-great-southeast-pollinator-census-aug-23-24/
**The American Bankers Association offered its views to the House Ag Committee on the financial conditions in farm country.
Through 2023, more than 3,800 U.S. banks had agricultural loans on their books with $198.6 billion outstanding.
Tony Hotchkiss, chair of the Ag and Rural Bankers Committee, says many producers have worked through the liquidity and working capital they built up in recent years due to rising input prices and lower commodity prices.
He says we may be looking over an agricultural economy cliff without government policy changes.
**The USDA estimates 2023 farm production expenditures in the U.S. at $481.9 billion, up from $452.5 billion the previous year.
The four largest expenditures totaled $238.7 billion and accounted for nearly 50% of total expenditures in 2023.
These include feed at 16.6%, livestock, poultry, and related expenses at 11.6%, farm services at 11.3%, and labor at 10.1%.
