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100yrs+ of Family Farming Honored and Farmer Sentiment Weakens
The Agribusiness Update
The California Agricultural Heritage Club inducted six farms and ranches at last month’s California State Fair, recognizing families with 100 or more years of continuous operation, and the Purdue University/CME Group Ag Economy Barometer declined in July as farmer sentiment continued to weaken.
Record Spending on Food and More People Facing Hunger
The Agribusiness Update
New data from USDA’s Economic Research Service shows consumer spending on food reached a record in 2022, over 122 million more people around the world are facing hunger since 2019.