New data from USDA Economic Research Service (ERS) shows that changes in drought conditions impact the size of the U.S. beef cattle herd. Specifically, when the percentage of land area of drought increases for an extended period as noted in the U.S. Drought Monitor, the U.S. beef cattle herd often declines. In 2023, with more than 65 percent of U.S. …
Farms Received Nearly a Quarter of Each Food-at-home Dollar in 2022
In 2022, farm establishments received 24.1 cents for each dollar spent on food at home and 3.6 cents for each dollar spent on food away from home. These amounts, called farm shares, highlight the different paths that food takes from farms to consumers’ points of purchase, according to USDA’s Economic Research Service. Food-at-home dollars include food purchases from outlets such …
Disease Mortality Gap Growing Between Rural and Urban Areas
The difference between rural and urban is growing when it comes to disease mortality. That’s coming up on This Land of Ours. Over the last two decades, disease-related mortality rates have widened between rural and urban areas, especially for the prime working-age population, aged 25–54. Researchers with USDA’s Economic Research Service (ERS) compared natural-cause mortality in rural and urban areas …
USDA: Expiring Estate Tax Provisions Would Increase Taxes for Farm Estates
An expiring estate tax could be very costly for farm estates. That’s coming up on This Land of Ours. The 2017 Tax Cuts and Jobs Act significantly changed federal individual income and estate tax policies, though some were temporary. In 2018, the legislation increased the estate tax exemption amount from $5.49 million to $11.18 million. This increase expires at the …
Productivity the Major Driver of U.S. Agricultural Growth
Technological developments in agriculture have enabled continued output growth without requiring much additional inputs, according to a new USDA Economic Research Service (ERS) report. Innovations in animal and crop genetics, chemicals, equipment, and farm organization have made it possible for total agricultural output to nearly triple between 1948 and 2021. During that period, the amount of inputs used in farming …
Large Family Farms Account for Bulk of Commodity Production
A look at what kinds of farms make up the majority of production. That’s coming up on This Land of Ours. Large-scale family farms accounted for a majority of the value of commodity production in 2022, according to a new report from USDA’s Economic Research Service (ERS). Specifically, these farms accounted for 51 percent of cash grains and soybeans, 56 …
Most States Saw Growth in Net Farm Income During 2022
The U.S. saw growth of almost 31 percent in net farm income from 2021 through 2022. NFI is a broad measure of farm sector profitability. Researchers with USDA’s Economic Research Service (ERS) used data from the Farm Income and Wealth Statistics to classify states into six categories of NFI changes. The five agricultural states with the highest NFI include Texas, …
PPP Loans Provided Billions to U.S. Farm Sector in 2020
How much pandemic help did farmers get? That’s coming up on This Land of Ours. Researchers at USDA’s Economic Research Service (ERS) estimate that the Paycheck Protection Program (PPP) provided $5.8 billion to the farm sector in 2020. The PPP was a non-USDA assistance program for small businesses adversely affected by the pandemic. Total Federal Government payments to the farm …
Majority of U.S. Apples Used in Juices
How the U.S. uses most of its apples. That’s coming up on This Land of Ours. There are a lot of ways to eat them – pies, cobblers, crisps, with peanut butter, or cheese or made into sauce or cider. However, new data from USDA’s Economic Research Service (ERS) shows a majority of apples are used in juices. In 2021, …
Few US Adults Rate Their Diet Good or Excellent
How good is your diet? Few of us would say it’s excellent. That’s coming up on This Land of Ours. New data from USDA’s Economic Research Service (ERS) show Americans don’t have high ratings for their diets. In the period covering January 2017 to March 2020, just under three in ten adults, or 29 percent, reported the healthfulness of their …