Report Recap: The 2023 Farm Income Forecast

Read highlights from the first USDA farm income forecast report in 2023. Farmers ended the year in a solid financial position in 2022. In the first farm income forecast report in 2023, the USDA reports farm income increasing by nearly 16 percent

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How Farmers Can Prepare in the 2023 Agricultural Economy  

AgAmerica’s annual economic report is here and predicts a positive outlook for the U.S. farm economy in 2023—but elevated risk remains.   American farmers and ranchers ended 2022 in strong financial position, despite higher production costs

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Fourth Quarter Update: Trade Outlook for U.S. Agriculture in 2023 

Uncertainty in the global economy is leading to a contracted outlook for U.S. ag exports in 2023.  U.S. farm exports seem to be feeling the impacts of a volatile economic future, according to the last quarterly outlook for U.S. agricultural trad

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Report Highlights from the 2022 Farm Income Forecast 

Learn more about farm income in 2022 and the factors impacting it.   The most recent USDA Farm Income Forecast predicts a net farm income increase of $34B (30 percent) from February’s projections due to increases in commodity values and cash

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Third Quarter Outlook for U.S. Ag Trade in 2022 

Read highlights from the USDA trade outlook report to learn more about the state of U.S. agricultural trade in 2022.   The USDA released its quarterly Outlook for U.S. Agricultural Trade report in August, with updated forecasts for U.S. ag trad

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What the Inflation Reduction Act Means for Farmers and Landowners 

After more than a year of back and forth, the Inflation Reduction Act of 2022 has been passed. What does this mean for the American Farmer?   On August 16, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law—concluding m

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The Relationship Between Farmland Values, Interest Rates, and Inflation

The U.S. Farmland Real Estate Market in 2022  Despite rising interest rates and input costs, the 2022 farm economy is experiencing positive growth due to strong net farm income, liquidity, and higher cash rents. However, higher cash rents are ti

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A Farmer’s Guide to the Lower Food and Fuel Costs Act 

The Lower Food and Fuel Costs Act aims to address critical issues for agriculture, including lowering the cost of farming while promoting competition in the industry.   Skyrocketing inflation and supply chain bottlenecks have been challenging A

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What Farmers Should Know About the Ocean Shipping Reform Act 

The Ocean Shipping Reform Act was signed into law on June 16, 2022, in an effort to address shipping bottlenecks for U.S. exports.  Since the onset of the COVID-19 pandemic, the U.S. agriculture industry has faced shipping bottlenecks and increa

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What to Expect for the 2023 Farm Bill

The 2023 Farm Bill comes at a time when farmers are facing inflated input costs, supply bottlenecks and shortages, and an increasing number of severe weather events. The historic trend of zero-base budgeting in past Farm Bills suggests that the allo

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Second Quarter Report Highlights: The 2022 U.S. Agricultural Trade Outlook 

Despite economic volatility, the 2022 agricultural trade outlook continues to rise due to strong prices and demand.   The USDA’s second quarter trade forecast for 2022 indicates a positive global trade position for U.S. agriculture, with a pr

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National Beef Month: Celebrating American Cattle Ranchers

Cattle ranchers in the U.S. work hard 365 days a year—contributing to both our economy and ecosystems.  The economic and cultural impacts of the American cattle industry are extensive. With over 700,000 cattle and calf operations across the na

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