U.S. farm establishments received 14.5 cents per dollar spent on domestically produced food in 2021—a decrease of 1.0 cent from a revised 15.5 cents in 2020. The figure is the lowest recorded farm share value in nearly three decades, according to USDA’s Economic Research Service. The remaining portion of the food dollar—known as the marketing share—covers the costs of getting …
Another Record Land Sale in Iowa
Iowa set another record for farmland sales. Seventy-three acres of high-quality farmland in Sioux County, Iowa, sold for $30,000 per acre at auction on November 11. That’s a total sale worth $2.195 million. That’s just part of a new $30,000-per-acre club in Iowa. A local farmer was the buyer, and the runner-up was also a farmer. A statement from Iowa …
Thanksgiving on the Farm
As we enjoy our Thanksgiving meal today, we thank farmers not only here in the Southeast, but across the country. And with that in mind, Mark Oppold takes a break today from providing market news to bring us a poem he wrote for this special holiday. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: …
NFU Releases 2022 Farmer’s Share of Thanksgiving Food Dollar
How much do farmers make for that Thanksgiving meal? That’s coming up on This Land of Ours. National Farmers Union (NFU) released the 2022 Farmer’s Share of the food dollar for several items typically served for the Thanksgiving holiday. Included in the 2022 Thanksgiving Farmer’s Share numbers are: Even though consumers are paying more for food this year, almost none …
Black Sea Grain Deal Extended
The Black Sea Grain deal, a global food lifeline and key for world fertilizer supplies is being extended for several more months. The grain initiative was set to expire last weekend in what could have been another tragic consequence of Russia’s war against Ukraine, risking starvation in much of the developing world. At an APEC summit in Thailand, Secretary of …
Most Electric Vehicles Don’t Have AM Radio, A Problem for Farmers
People shopping for electric vehicles will see that most don’t have AM radio, and it’s a move not sitting well with rural farm broadcasters. Nathan Simington is a Commissioner of the Federal Communications Commission who spoke to broadcasters at the National Association of Farm Broadcasting’s annual convention. He brought a unique perspective to the topic after growing up on a …
Combine Sales Rise While Tractor Sales Drop in October
A look at trends in ag equipment sales. That’s coming up on This Land of Ours. Combine harvester sales showed double-digit gains during October in North America. The Association of Equipment Manufacturers says all tractor sales fell in the U.S. and Canada. The latest AEM report says total U.S. ag equipment unit sales stayed above the five-year average for the …
USDA Investing Funds in Healthier School Meals
The USDA is investing funds for healthier school meals. That’s coming up on This Land of Ours. USDA’s Food and Nutrition Service launched a new initiative for healthier school meals through a $50 million grant opportunity. It will support collaboration with the food industry to develop nutritious and appetizing school meals for students. “We’re investing in innovative solutions and challenging …
Union Pushes Back Date for Potential Railroad Worker Strike
A key railroad workers’ union says it won’t go on strike after November 19. The Brotherhood of Maintenance of Way – Employees Division says it will hold off on any type of action until early December. Freight Waves Dot Com says that will give railroads more time to come up with their best offer without the pressure of an imminent …
Hurricane Nicole’s Effects on Agriculture
As the remnants of Hurricane Nicole continue to move Northward, Mark Oppold reports how it has and will effect certain aspects of agriculture. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024