AFBF Veteran Farmer Award and AI in Ag Gaining Traction
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**The American Farm Bureau is now accepting applications for its 2027 Veteran Farmer Award of Excellence.
The award, supported by Farm Credit, recognizes military veterans and active-duty service members who have demonstrated excellence in agriculture while making a positive impact in their communities.
The winner will receive a $10,000 cash prize along with travel expenses to attend the = Farm Bureau’s Convention in Charlotte, North Carolina, next January.
Applications are due Sept. 1.
**A new survey suggests artificial intelligence is gaining traction on America's farms and ranches, though many producers remain cautious about the technology.
Research firm MorganMyers found 75% of farmers and ranchers have used AI tools such as ChatGPT or Gemini, with nearly half of those users turning to the technology at least weekly.
The survey found AI adoption is highest among dairy producers, younger farmers, and larger operations.
**Financial stress is mounting in Brazil's farm sector as auctions of seized farmland continue to climb.
According to Reuters, rising debt troubles are forcing more Brazilian farmers into bankruptcy or loan defaults.
Lower grain prices, high interest rates, rising input costs, and weather-related crop losses have combined to squeeze farm profitability across the country.
Problem loans account for nearly 20% of outstanding farm credit, up from just 5.5% two years ago.
