Rural America is isolated from the outside world in a variety of ways, something that a lot of its residents no doubt consider a “perk.” That does not mean they are uninterested in what’s going on and how it’s impacting their communities, though. Often, real local news can only be found on the AM radio …
USDA’s latest update to its 2024 farm income forecast provides a slightly better outlook than its previous estimate, though not by much. Net farm income, a broad measure of profits, is pegged at $140.7 billion in 2024, up from $140.0 billion forecast in September. The new forecast represents a -4.1% decline from 2023 net farm …
USDA Slightly Raises Net Farm Income Outlook to $140.7 Billion Read More »
Agriculture is one of Kentucky’s leading and most vital industries, contributing about $45.6 billion to the state’s economy each year. Of Kentucky’s 25.4 million acres, just under 50% is considered farmland. The state is an important contributor to U.S. corn and soybean production, as well as poultry, eggs, and cattle. However, the state’s farmers dedicate …
Soil is arguably one of the most important parts of our planet’s ecosystem and critical for human survival. Without it, there would be no farmers as there would literally be no ground to sow. In order to raise awareness about the significance of soil as a vital resource, the United Nations in 2013 designated December …
Appreciating the Ground Beneath Our Feet on World Soil Day Read More »
Argentina’s corn production is expected to decrease sharply in the 2024/25 crop season; at least, that’s the early story we are hearing. Personally, I’m not entirely sold on the headlines, but time will tell. In case you haven’t heard, the Rosario Board of Trade estimates a -25% decrease in corn planted area, the largest relative …
Argentina’s Corn Acreage Set for Biggest Decline in Almost Two Decades… Maybe Read More »
Most Americans are very familiar with the Pillsbury Company, which has given us a host of iconic products, including the company’s Classic Yellow Cake Mix, every flavor of pre-made frosting, and those addictive Crescent Rolls. Pillsbury’s marketing efforts for its various brands also generated iconic characters like the Doughboy and Jolly Green Giant. The company …
How A Young Man That Knew Nothing About Flour Transformed the Wheat Industry Read More »
The USDA’s latest Farm Labor Report reveals that the national wage rate for field and livestock workers is now $18.12 an hour, a +3.2% increase from last year. According to Samantha Ayoub, Farm Bureau Associate Economist, “no one realistically pays the national wage, so regionally, there was an average about a +4.5% increase in regional …
