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 ...
American Farm Bureau Federation - The Voice of Agriculture
5 days ago · American Farm Bureau Federation is the unified national voice of agriculture, working through our grassroots organizations to enhance and strengthen the lives of rural Americans and to build strong, prosperous agricultural communities.
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.
Thanksgiving Dinner Costs Are Down Again
Nov 20, 2024 · Americans stocking up for this year’s Thanksgiving dinner will see a dip in their grocery bills for the second year in a row. The 39 th annual American Farm Bureau Federation (AFBF) Thanksgiving dinner survey finds that the classic feast for 10 will run you $58.08, down 5% from last year. However, this is still 19% higher than five years ago.
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 …
Newsline | Section Home - American Farm Bureau Federation
2 days ago · Newsline is a twice-weekly radio segment that covers a wide range of agricultural issues and news from the American Farm Bureau Federation. Subscribe to Newsline.
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.
Net Farm Income in 2024 Forecast to Be Down 25% from Last Year
Feb 8, 2024 · On Feb. 7, USDA released the first insights into net farm income expectations for 2024. The latest report anticipates a decrease from 2023’s forecast of $155 billion to $116 billion – a drop of nearly $40 billion, or 25.5%, and the largest recorded year-to-year dollar decrease in net farm income. The decline marks the second consecutive drop since record-high farm income levels in 2022 ...
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]
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).