2024 Farm Income Decline Confirmed in USDA Update
Dec 3, 2024 · Diminishing Government Payments Lower Farm Income. Direct government payments are forecast to decline by $1.7 billion (13.6%) in 2024 to $10.6 billion, largely due to lower Dairy Margin Coverage payments resulting from stronger milk prices and the continued reduction in ad hoc disaster programs.
Beef Prices Soar to Record Highs, Yet Farmers Struggle to Reap the ...
Aug 30, 2024 · The Story – Drought, Inflation and Inventory. Pasture conditions began to deteriorate across the United States in 2020. The La Niña-driven drought would press on for the next three years causing pasture conditions to deteriorate and sending prices for feed grains to record levels (Figure 2). At the same time, inflation began to rise, driving up costs for everyone in the United States ...
Farmers Head into 2025 with Another Farm Bill Extension, Aid
Jan 2, 2025 · Passed and signed into law in the early hours of Dec. 21, 2024 – the day a government shutdown would have begun if Congress had not acted – the American Relief Act of 2025 includes $31 billion in natural and economic disaster aid for farmers and ranchers, a second extension of the 2018 farm bill and $2.5 billion in additional aid to be distributed through USDA.
American Farm Bureau Federation - The Voice of Agriculture
Jan 14, 2025 · American Farm Bureau Federation is the unified national voice of agriculture, working through our grassroots organizations to enhance and strengthen the lives of rural Americans and to build strong, prosperous agricultural communities.
Avian Influenza Hits Turkeys and Eggs Hardest
Nov 14, 2024 · With more than 100 million birds affected – and since March 2024, dairy cattle, too – the current outbreak of highly pathogenic avian influenza (HPAI) has been giving farmers and consumers headaches for nearly three years.Since the first detection in dairy, avian influenza has been detected in 494 herds in 16 states.
Marketing Assistance for Specialty Crops: A Closer Look
Dec 16, 2024 · USDA imposes several payment limitations within the MASC program. Producers with an average adjusted gross income (AGI) exceeding $900,000 for the years 2021, 2022 and 2023 are not eligible for payments unless at least 75% of their AGI is derived from farming, ranching or forestry operations. Additionally, MASC payments are capped at $125,000 per person or legal entity (increased to $900,000 ...
Who We Are - American Farm Bureau Federation
Cultivating Leadership. Farm Bureau believes in developing tomorrow’s leaders today. All national board members are elected by the farmers they represent, and many of these leaders began their Farm Bureau leadership journey through our development programs like Young Farmers & Ranchers, Women’s Leadership and Promotion & Education.
Three Reasons Why Farmers Need Economic Aid
Dec 20, 2024 · This week, two continuing resolutions (CR) that would have kept the federal government operating after Dec. 20 have been introduced which included many things American farmers have been asking for: $21 billion in disaster aid, a farm bill extension, $10 billion in economic aid and year-round E-15.While the future of a CR is uncertain, the need for economic aid for farmers remains.
Fast Facts About Agriculture & Food - American Farm Bureau …
On average, one U.S. farm feeds 169 people annually in the U.S. and abroad. The global population is expected to increase by 1.8 billion by 2050, which means the world’s farmers will have to increase total annual grain production by almost 1 billion tons and total meat production by more than 200 million tons.
Analyzing Farm Inputs: The Cost to Farm Keeps Rising
Mar 17, 2022 · Production costs are rising faster than commodity prices, making it harder to just break even. Like any other business, farmers and ranchers are constantly evolving their budgets.