The U.S. Department of Agriculture (USDA) has released the August numbers for milk and meat production along with new price forecasts. Rod Bain runs through the latest numbers. World Agricultural Outlook Board Chair Mark Jekanowski discusses some of the adjustments to livestock price projections made by USDA this month. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly …
Looking at Corn, Soybean Futures
An annual crop tour continues this week, and Mark Oppold has an update on that along with a quick look at what corn and soybean futures are doing. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Biden-Harris Administration Invests $150M to Connect Underserved and Small Acreage Forest Landowners to Emerging Climate Markets?as part of Investing in America Agenda
(USDA/BRUNSWICK, GA/August 22, 2023) — Agriculture Secretary Tom Vilsack announced the U.S. Department of Agriculture’s Forest Service is making $150 million from President Biden’s Inflation Reduction Act, the largest climate investment in history, available to help underserved and small acreage forest landowners connect to emerging voluntary climate markets. These markets can provide economic opportunities for landowners and incentivize improved forest health …
Watching Weather Events
Traders are continuing to watch weather events as we’ve passed the mid-way point of August. Mark Oppold has more details. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Income Spent on Food Increases
We spent more of our income on food in 2022. That’s coming up on This Land of Ours. U.S. consumers spent an average of 11.3 percent of their disposable personal income on food in 2022, a level not observed since the 1980s, according to USDA’s Economic Research Service (ERS). Disposable personal income is the amount of money consumers have left …
Wild Price Swings for Cotton Futures
We’ve been seeing some wild price swings for cotton futures. Mark Oppold explains what this could mean. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
U.S. Tractor Sales Growth Softens
Self-propelled combine sales continued to increase in the U.S. while total farm tractor unit sales declined in July. The latest data from the Association of Equipment Manufacturers (AEM) says overall unit sales of U.S. combines rose almost 11 percent compared to July 2022, while tractor sales dropped five percent. The tractor decline was driven largely by the softness in the smaller horsepower …
Study Shows Positive Economic Impact of Soil Health
A new study links soil health and farm profitability. That’s coming up on This Land of Ours. The Soil Health Institute (SHI) and the National Association of Conservation Districts (NACD) announced the results of a nationwide study showing how improving soil health can improve a farmer’s profitability. The study shows farmers can build resilience across a diversity of soil types, …
RMA Asks for Input on Prevented Plant Coverage
Farmers have the chance to voice their thoughts on a USDA program. The USDA’s Risk Management Agency (RMA) is gathering feedback on possible changes to prevented planting crop insurance coverage. According to the RMA, prevented planting provisions in insurance policies can provide valuable coverage when extreme weather conditions prevent expected plantings. The agency is hosting virtual and in-person listening sessions …
NASS Releases 2023 Land Values Summary
The U.S. farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,080 per acre for 2023. That’s up $280 per acre, or 7.4 percent, from 2022. The U.S. cropland value averaged $5,460 per acre, an increase of $410 per acre, or 8.1 percent, from the previous year. The U.S. pasture value averaged …