Top Agriculture 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 $163.9 billion. Net cash farm income is defined as gross cash […]

Alltech released its 2023 U.S. Harvest Analysis Report. Dr. Max Hawkins, tech support for the Alltech Mycotoxin Management Team, says to follow the weather to find the mycotoxins. “If you get into the western Corn Belt and some of the Northern prairies, it was very dry. When we get into really dry weather, we tend […]

USDA’s biannual Cattle Inventory Report shows the nation’s cattle herd at 87.2 million head, down roughly two percent from last year and the lowest herd size in 73 years. American Farm Bureau Federation Economist Bernt Nelson says it’s all because of recent droughts. “The combination of higher input prices and drought drove farmers and ranchers […]

WASHINGTON, Feb. 7, 2024 – Today, the U.S. Department of Agriculture’s (USDA) Economic Research Service released its annual Farm Sector Income Forecast report for 2024. Agriculture Secretary Tom Vilsack issued the following statement:  “After the three highest consecutive years on record in 2021-2023, the first farm income forecast of 2024 indicates net farm income this year will return to prior […]

The early arrival of West Nile Virus (WNV) to South Carolina resulted in the Jan. 22 euthanasia of a horse in Charleston County. The horse was not vaccinated and had no pasture mates. According to Clemson University animal health officials, the mosquito-borne disease is about two months ahead of schedule, brought on by a wet, […]

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, eight points below a month earlier. Compared to year end, producers had a more negative outlook of their farms’ current situation along with a weakened outlook for the future. […]

Planning for your legacy can be a difficult mental exercise especially for a farmer or rancher, but it’s absolutely necessary. Alan Trask is an attorney with Ward and Smith and heads up their agriculture law team in Wilmington, North Carolina. He suggests a few steps starting with asking clients how they’re positioned to enjoy their […]

Crop insurers gathered this week for the industry’s annual convention in Arizona, where they committed to building on the success of crop insurance to strengthen the farm safety net. Scott Arnold is the chair of National Crop Insurance Services (NCIS) and chairman of Rain and Hail, the largest crop insurance provider in the United States. […]

The popular CattleFax Outlook Seminar, held as part of the 2024 Cattle Industry Convention and NCBA Trade Show in Orlando, Florida, shared expert market and weather analysis today. The smallest beef cow inventory in the last 50 years, coupled with historically strong demand, led to the highest average fed cattle and calf prices in 2023. […]

Bill Northey, a long-time agriculture industry figure and former USDA official in the Trump administration, has died. The 64-year-old was serving as the CEO of the Agribusiness Association of Iowa. Northey grew up on an Iowa family farm. He served as president of the National Corn Growers Association, three terms as the Iowa agriculture secretary, […]