Farmers can expect the largest recorded year-to-year dollar drop in net farm income in 2024. How bad is it, and what can farmers do? That’s coming up on This Land of Ours. Income is estimated to be nearly $40 billion lower this year compared to 2023, down more than 25%. American Farm Bureau Federation economists analyzed the latest USDA data …
Lack of Direction for the Grain Trade
There really aren’t many reports helping with the direction of the grain trade right now. Mark Oppold has more details. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to Develop Preliminary Data …
Market Prices, Input Costs, Pushing Expectations Lower
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. The Current Conditions Index fell nine …
Grocery Prices Staying Higher
A look at the higher prices in grocery stores. That’s coming up on This Land of Ours. Many grocery prices remain high and could go even higher according to the American Farm Bureau Federation (AFBF). AFBF Economist Bernt Nelson says input costs and general inflation are among the main culprits. “Across the board, with our grocery prices, we’re still seeing …
Tracking the Energy Market
As we get closer to spring planting time, Mark Oppold takes a look at what is happening in the energy market. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to Develop Preliminary …
Final Payments to be Issued to Producers Impacted by 2020 and 2021 Natural Disasters
(USDA-FSA/WASHINGTON/Feb. 6, 2024) — The U. S Department of Agriculture (USDA) is issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021. USDA’s Farm Service Agency (FSA) will begin issuing these additional payments to eligible producers this week. “In the natural disaster recovery …
January 1 Sheep and Lambs Inventory Down 2%
USDA’s Sheep and Goat’s report released last week shows all sheep and lambs inventory in the U.S. on January 1, 2024 totaled 5.03 million head, down two percent from last year. Breeding sheep inventory at 3.67 million head on January 1, 2024, decreased two percent from 3.74 million head in 2023. Ewes one-year-old and older, at 2.87 million head, were …
Watching Technical Numbers in the Grain Trade
Some traders are closely watching the technical numbers in the grain trade. Mark Oppold has more details. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to Develop Preliminary Data For Future Grant ProjectsMay …
Revisiting Livestock and Grain Reports
More survey numbers have been released, as Mark Oppold looks at what some are predicting for the 2024 corn and soybean crops. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to Develop Preliminary …
New Acreage Survey Results Released
More survey numbers have been released, as Mark Oppold looks at what some are predicting for the 2024 corn and soybean crops. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to Develop Preliminary …