Consumers are willing to pay higher prices for some types of food. That’s coming up on This Land of Ours. A recent survey of more than 2,000 adults indicates that 84% of consumers still consider health and wellness when purchasing fresh food. The survey by Deloitte Insights also found that three in four respondents are actively seeking more personalized nutrition, up 13 …
August Consumer Price Index Increases
A slight increase in consumer prices. That’s coming up on This Land of Ours. The Consumer Price Index increased 0.1 percent in August on a seasonally adjusted basis after being unchanged in July. The Bureau of Labor Statistics reported this week increases in the shelter, food, and medical care indexes were the largest contributors to the broad-based monthly all items …
U.S. Combine Harvester Sales Grew in August, Total Tractor Sales Fell
According to the latest data from the Association of Equipment Manufacturers (AEM), combine harvester sales grew for August in the U.S., while total tractors fell. U.S. total farm tractor sales fell 11.7 percent for the month of August compared to 2021, while U.S. self-propelled combine sales for the month grew 25.8 percent to 790 units sold, making for a three-month …
Farmers Frustrated with High Input Costs
During a recent event, a Congressman who serves on the House Agriculture Committee, said farmers he hears from are frustrated with high input costs. Tyron Spearman has the story. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
August Ag Economy Barometer Increases
Farmer sentiment improved in August as the Purdue-CME Group Ag Economy Barometer rose 14 points above its July reading to 117. Both the Index of Current Conditions and the Index of Future Expectations increased last month. Producers were less worried about their farm’s financial situation than in July, although they remain concerned about a possible cost-price squeeze. When asked about …
World Food Prices Continue Falling as Supply Levels Rise
Global food prices dropped for a fifth-straight month after a seasonal rise in supplies took place and demand dropped for some products. The northern hemisphere wheat harvest is helping to ease supply concerns as more grain moves out of Ukraine. A U.N. index of world food costs dropped 1.9 percent in August and remains at its lowest level since January. …
USDA Program Feeds Children During Summer Months
States and territories issue $12.5 billion in USDA’s Summer Child Food Benefits program. That’s coming up on This Land of Ours. The Department of Agriculture (USDA) partnered with 32 states and territories to provide summer food buying benefits to families with children. The states and territories provide an estimated $12.5 billion in temporary nutrition benefits to approximately 32 million children. …
USDA Says Farm Profits to Reach Near-Record High in 2022
USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income to increase by $13.5 billion or 8.7 percent from 2021. Net cash farm income is gross cash income minus cash expenses and will reach $168.5 billion in 2022, the highest level since 2012. In comparison, net farm income is forecast to drop by almost $1 billion from 2021 to …
Ample Turkey Supplies this Thanksgiving, but at Higher Prices
Now that the Labor Day holiday weekend is winding down, some eyes are already set on the next big long holiday weekend, Thanksgiving. But what will the retail turkey situation look like this year? Gary Crawford has a story answering that very question. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober …
Climate Smart Commodities and Rural Economies
During his visit to the Farm Progress Show in Boone, Iowa last week, Agriculture Secretary Tom Vilsack explained how he sees climate smart commodities and practices as key to improving rural economies. Rod Bain has the story. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024