by Mark Magnuson | Feb 8, 2024 | 5 Ag Stories, News
USDA’s Economic Research Service forecasts that U.S. net cash farm income will decrease by $42.2 billion, or 25.8 percent, to $121.7 billion in 2024 in inflation-adjusted dollars. This is after net farm cash income decreased in 2023 by a forecast of $50.2 billion to...
by Mark Magnuson | Feb 7, 2024 | 5 Ag Stories, News
Grocery prices, for the most part, remain high and according to the American Farm Bureau the price increases could continue. Grocery store prices have not been kind to consumer’s pocketbooks recently and AFBF Economist Bernt Nelson says that input costs and general...
by Mark Magnuson | Feb 7, 2024 | 5 Ag Stories, News
The Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 74 project applications totaling more than $3.4 million in cost-share funding for Iowa fuel retailers during its quarterly board meeting last week. 73 ethanol cost-share projects were awarded, an...
by Mark Magnuson | Feb 6, 2024 | 5 Ag Stories, News
The World Agricultural Supply and Demand Estimates (WASDE) are released each month by the USDA and provide annual forecasts for supply and use of both U.S. and world wheat, rice, coarse grains, oilseeds, and cotton. The January report is typically thought of as a...
by Mark Magnuson | Feb 5, 2024 | 5 Ag Stories, News
Pork certification programs are designed to help the farmers who raise pigs and also those who transport pigs to continually improve practices. Stephanie Wetter, the director of animal welfare for the National Pork Board, tells the IARN that the two main certification...