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Thanksgiving Dinner Cheaper and No Sign of Farm Bill Progress
The Agribusiness Update
Cooking a Thanksgiving dinner this year will cost less than last year but is still more expensive than before COVID-19, and with little sign of a breakthrough on the farm bill in Congress, farm groups are shifting their attention to a proposed $21 billion bailout bill.
Port of Oakland Importance and Generic Pesticides Cheaper
The Agribusiness Update
The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products, and Struggling U.S. farmers have been switching to cheaper generic pesticides and fungicides.
Disaster Relief for Hurricane Victims and Generic Pesticides Cheaper
The Agribusiness Update
White House asking for $98.6 billion in emergency disaster relief funding following multiple hurricanes this fall, and Struggling U.S. farmers have been switching to cheaper generic pesticides and fungicides.
Newsom's Organic Goal and Income Spent on Food Steady
The Agribusiness Update
Governor Gavin Newsom announced California’s goal to convert 10% of its cropland to organic by 2030, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022.
Newsom's Organic Goal and Income Spent on Food Steady
The Agribusiness Update
Governor Gavin Newsom announced California’s goal to convert 10% of its cropland to organic by 2030, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022.
Newsom's Organic Goal and Income Spent on Food Steady
The Agribusiness Update
Governor Gavin Newsom announced California’s goal to convert 10% of its cropland to organic by 2030, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022.
Newsom's Organic Goal and Income Spent on Food Steady
The Agribusiness Update
Governor Gavin Newsom announced California’s goal to convert 10% of its cropland to organic by 2030, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022.
Hurricanes Leave Mental Health Crisis and Income Spent on Food Steady
The Agribusiness Update
The devastation left by Hurricane Helene has intensified an ongoing mental health crisis in rural communities, where stress weighs heavier than ever, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022
The Farm Act and Ag Greenhouse Gas Emissions Down
The Agribusiness Update
The Farm Assistance and Revenue Mitigation, or FARM Act was introduced and sponsored by more than 40 members of Congress, and from 2021 to 22, agricultural greenhouse gas emissions decreased 18 million metric tons and in share of entire U.S. emissions.
The Farm Act and Ag Greenhouse Gas Emissions Down
The Agribusiness Update
The Farm Assistance and Revenue Mitigation, or FARM Act was introduced and sponsored by more than 40 members of Congress, and from 2021 to 22, agricultural greenhouse gas emissions decreased 18 million metric tons and in share of entire U.S. emissions.
U of I and USDA
Idaho Ag Today
In January, University of Idaho agricultural economists told legislators they estimated Idaho’s 22,800 farms and ranches brought in a total of $11.157 billion.
Sid Freeman
Idaho Ag Today
Canyon County farmer Sid Freeman, farms 250 acres just outside Middleton in southwest Idaho.
Overhaul for EU Ag Policy and U.S. Beef Exports Remain Higher
The Agribusiness Update
A report from the European Union suggests a major overhaul of its Ag Policy and subsidizing farmers based on their income rather than the size of their farms, and U.S. beef exports continued building momentum in July.
A Squeeze on Agriculture by Interest Rates
California Ag Today
Rabobank’s RaboResearch team recently released its bimonthly North American Agribusiness Review.
AFBF on Fuel and Energy Costs
Washington State Farm Bureau Report
Fuel and electricity prices are on the rise again amid declining farm income and the American Farm Bureau responds.
Multiple Factors Lead to Lower 2024 Farm Income Forecast
Line on Agriculture
USDA Economist, Carrie Litkowski gives details on why USDA is forecasting a 26% decline in farm income for this year.
U.S. Wine Sales Slow and Net Cash Farm Income Down
The Agribusiness Update
U.S. and foreign winemakers are struggling to sell their product, and leaders are increasingly focused on anti-alcohol messaging, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
USDA Funding for Florida and Net Cash Farm Income Down
The Agribusiness Update
The USDA is allocating more than $5 million to Florida as part of a nationwide effort to strengthen the country’s infrastructure for pest detection as well as the nursery system, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
Farm Bill Needed To Mitigate Lower Net Farm Income
Line on Agriculture
Title One programs in the farm bill are important to help farmers with economic challenges.
USDA Invests Renewable Energy and Food Safety for Super Bowl Sunday
The Agribusiness Update
The USDA will invest $207 million in renewable energy and domestic fertilizer projects, and whether delivered or prepared at home, the Food Safety and Inspection Service has plans to protect your Super Bowl Sunday celebration from foodborne illness.