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USDA Projects Net Farm Income Up 13.8%
Southeast Regional Ag News
Calendar year net farm income for 2022 is up nearly $20 billion and it's not solely attributable to inflation.
U.S. Agricultural Exports Up 13%
Southeast Regional Ag News
However, after adjusting for inflation, 2022 year-to-date exports are up four percent by value compared to the same period last year.
Lies. (Blank Lies). And Statistics.
Southeast Regional Ag News
USDA data shows 2021 exports of U.S. farm and food products totaled $177 billion, 18 percent higher than 2020 and nearly 15 percent higher than the previous record set in 2014. But is it because we exported more? Or because what we exported was worth more?