According to the Economic Research Service, 65 percent of Paycheck Protection Program loans that went to agriculture were to row crop operations and the remaining 35 percent was disbursed to livestock operations.
Since members of the Democratic party have been unable to agree on the levels of future spending by the federal government, there’s been no real action on either a Bipartisan Infrastructure Bill – which passed the Senate last month – or the budget reconciliation bill that the leadership has touted as human infrastructure.
Pumpkins are a staple of fall traditions for many Americans who pick them, carve them into jack-o’-lanterns, or bake pumpkin desserts.
As U.S. beef exports set an all-time record in August, topping the $1 billion mark for the first time, economists have also been looking at the import market.
On Monday, USDA’s Economic Research Service released its monthly Situation and Outlook Report for livestock.
During the global shutdown due to coronavirus, more Americans found themselves in the kitchen preparing meals. For U.S. wheat producers, this helped lead to higher prices and record demand for durum wheat.
If nothing derails the train, U.S. agricultural exports are on track to reach an all-time high this fiscal year .
There’s a buzz within the domestic beekeeping industry, reflecting good news regarding the rebuilding of colonies.
USDA’s Economic Research Service forecasts inflation-adjusted net cash farm income to increase by 17.2 percent from last year.
Soaring demand for organic livestock and processed food products has stimulated the production of organic corn and soybeans in the United States.
he more experience a farmer has in their operation, the less likely they are to buy farm inputs or access market information online, according to a report released by the Economic Research Service.
Family farms accounted for 98 percent of all U.S. farms in 2019, according to data released by the Economic Research Service.
Though U.S. export commodity sales have been at impressive levels over the past 18 months, the Economic Research Service is predicting an all-time high for this fiscal year.
According to the Economic Research Service, in fiscal year 2020, USDA’s Summer Food Service Program served a record of almost 1.3 billion meals, just under 9 times more than one year earlier.
According to the Economic Research Service, the amount of money the U.S. consumer invested in food last year during the coronavirus pandemic fell to the lowest share in 60 years.
The average American is eating more fruits and vegetables than they did in 1970, but according to the Economic Research Service, we’re still falling short of the recommendations under the federal Dietary Guidelines for Americans.
If you’re going to play in dairy, you better plan to play big.
The Economic Research Service forecasts farm sector working capital will likely face the largest decline in five years in 2021.
In 2019, restaurants and other eating places claimed 38.5 cents of the average U.S. food dollar, continuing a steady 10-year climb since 2009.
Last year proved to be an interesting year for many reasons, but according to the Economic Research Service, 2020 may be remembered for being the year agriculture broke out of the recession to the industry had suffered through for almost a decade.
How important are exports for U.S. agriculture? According to the Economic Research Service, ag exports add $302 billion in economic output every year.
The California agricultural industry was the top beneficiary of the federal government’s response to the coronavirus pandemic according to the latest from the Economic Research Service.
The United States is a major exporter of agricultural products, with about 20 percent of its farm output sold abroad, however, an economic crisis in foreign markets is threatening to reduce U.S. export sales.
The food gap measures how much food is needed to raise consumption at every income level to meet the nutritional target of 2,100 calories per capita per day, a minimum intake to sustain a healthy and active lifestyle.
Though some producers are able to supplement their income with off-farm jobs, the Economic Research Service says dairy producers are the least likely to do so.
According to the Economic Research Service, consistent adoption of cover crops can increase the accumulation of organic soil matter, thus healthier soils.
Since 2000, imports of beef have represented about 11 percent of total U.S. beef production, while exports reflect about 9 percent.
As many farm and commodity organizations draw attention to the potential disasters of the Federal estate tax, the Economic Research Service is asking how it will affect farmers and ranchers.
The United States found an average of more than 200 shipments were denied between 2013 and 2019, while the European Union lost more than three times that amount every year.
For corn producers who contacted their fertilizer needs in 2020, they’ll more than likely have costs comparable to the past few years.
Though Americans enjoy turkey, especially during the Thanksgiving and Christmas holiday season, exports provide producers with roughly 10 percent of market demand.
For every dollar spent by a consumer on domestically produced food in 2019, U.S. farmers received just 14.3¢ of that “food dollar” on average.
What role do most landlords have in the operation of their farms? That’s a question the Economic Research Service has been asking.
USDA is projecting ending stocks for pork in the United States during February 2021 to grow 24 percent above levels last February.
In 2016, corn and soybean producers accounted for about 93 percent of future and options contracts used by U.S. farmers and 60 percent of all production covered by marketing contracts.
While the volume of agricultural exports is projected to expand over the next ten years, U.S. exports of major crop and livestock commodities are also expected to face stiff competition from Brazil and the European Union.
The importance a farmer puts on monitoring their debt level continues to be increasingly important in this period of lower margins.
According to the Economic Research Service, in 2019, about 71 percent of farm households had one or more members earning wages away from the farm.
Despite the challenges faced by agriculture producers over the past few years, inflation-adjusted net cash farm income is expected to increase nearly 24 percent in 2020.
Although there have been shortages and bottlenecks for some products and commodities in 2020, apples shouldn’t make that list, according to the Economic Research Service.
Researchers at USDA’s Economic Research Service recently evaluated the potential impacts of the European Commission’s Farm to Fork and Biodiversity Strategies initiative that calls for restrictions in the use of agricultural inputs such as land, antimicrobials, fertilizers, and pesticides in European Union agricultural production.
USDA projections for changes in U.S. farm prices between 2020 and 2030 indicate a mixed outlook shaped by the expected recovery in the U.S. and global demand, continued export competition, and market conditions during 2020.
The financial impacts of the global coronavirus shutdown hit many sectors hard, and for some industries, they still struggle to get back on their feet – much less return to profitability.
Producers of the top five field crops in the United States have struggled to cover total costs of production over the past decade.
Smaller organic dairy operations may be netting more money at the end of the day than their larger conventional counterparts.
How productive are America’s farmers and ranchers? According to a report from the Economic Research Service, over the past 70 years, total agricultural outputs have nearly tripled.
Over the last quarter-century, the United States has become one of the largest agricultural importers in the world.
USDA’s Economic Research Service is projecting FY 2021 cotton exports to fall to $5 billion, down $400 million from 2020 due to a shorter domestic crop and increased foreign competition.
Grocery store prices were 5.6 percent higher in June 2020 than during the same month one year ago and increased for every category except fresh fruits.
A new report from the Economic Research Service says large dairy operations have significant financial advantages over small and midsized farms.
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