Beef Prices Soar to Record Highs, Yet Farmers Struggle to Reap the ...
Aug 30, 2024 · The Story – Drought, Inflation and Inventory. Pasture conditions began to deteriorate across the United States in 2020. The La Niña-driven drought would press on for the next three years causing pasture conditions to deteriorate and sending prices for feed grains to record levels (Figure 2). At the same time, inflation began to rise, driving up costs for everyone in the United States ...
U.S. Agricultural Land Values and Cropland Cash Rents Reach …
Aug 5, 2024 · Agricultural land values increased by $200 an acre over last year, according to USDA’s National Agricultural Statistics Service. The Land Values 2024 Summary report, released on August 2, shows a 5% increase to an average $4,170 per acre.This follows a 6.7%, or $250, increase between 2022 and 2023 and marks the fourth consecutive increase in …
Fast Facts About Agriculture & Food - American Farm Bureau …
On average, one U.S. farm feeds 169 people annually in the U.S. and abroad. The global population is expected to increase by 1.8 billion by 2050, which means the world’s farmers will have to increase total annual grain production by almost 1 billion tons and total meat production by more than 200 million tons.
Market Prices - American Farm Bureau Federation
All market prices contained on the Farm Bureau website are for reference purposes only, and are not a real-time market data feed. These prices are on at least a 10-minute delay and should not be used for trading purposes. Cotton prices are end-of …
Crop Insurance 101: The Basics - American Farm Bureau Federation
May 2, 2024 · To begin, farmers must first select the level of coverage they want to purchase. The coverage level refers to the percentage of commodity value that is covered — referred to as the liability — and the corresponding loss that a farmer must incur before an indemnity payment will be made (comparable to a deductible for home or auto insurance).
Over 140,000 Farms Lost in 5 Years - American Farm Bureau …
Mar 7, 2024 · Conclusion. The 2022 Census of Agriculture provides an in-depth look at the U.S. farm landscape over the past five years. With a loss of 141,733 farm operations, representing a 7% decline, and reduction of 20.1 million acres under cultivation, equivalent to the size of Maine, the agriculture sector has faced significant shifts.
New Census Shows Alarming Loss of Family Farms
Feb 13, 2024 · Press Contact. Mike Tomko Director, Communications (202) 406-3642 [email protected]. Bailey Corwine Media Relations Specialist (202) 406-3643 [email protected]
The Crucial Role of Farmer Cooperatives and Why Active …
Jun 24, 2024 · The cooperative business model has been pivotal in the development and stability of the U.S. agricultural industry. Cooperatives provide a platform for farmers to pool resources, preserve market access, share risk and enjoy economies of scale, which is important to maintaining leverage and bargaining power.
How Milk Is Really Priced in the U.S. | Market Intel | American Farm ...
Jul 15, 2019 · In the U.S., minimum milk price regulations enforced by Federal Milk Marketing Orders are based on a system of mandatory dairy price reporting, milk pricing formulas, price discrimination based on the end-use of raw milk and equity payments from a …
Solar Energy Expansion in Rural Communities
Oct 3, 2024 · Solar on Farmland. Although solar development will be distributed nationwide, large utility-scale projects will be concentrated in areas with favorable siting and interconnection opportunities.