By Daniel Munch, Economist – AFBF Agricultural land values increased by $200 an acre over last year, according to USDA’s National Agricultural Statistics Service. The Land Values 2024 Summary report, released …
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Farms and ranches across the U.S. received 14.9 cents per dollar spent on domestically produced food in 2022 as compensation for farm commodity production. This portion, called the farm share, …
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A report from Virginia Tech shows that global agriculture production is not on pace to meet the demand to feed 10 billion people by 2050. The annual Global Agricultural Productivity (GAP) …
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Ag News StoriesNews
Plant-Based Meat Alternatives Struggle to Maintain Early Momentum
by Colter BrownU.S. consumers remain interested in plant-based meat alternatives, but higher prices have led many prospective return consumers to taper off their purchases. The price of plant-based meats is often several …
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Ag News Stories
Despite Challenging Markets, US Wheat Producers Positioned to Meet Sophisticated Demand
by Brett McRaeWheat markets in recent years have been some of the most volatile in history. Global factors like war and drought have been major influences on trader mindsets leading to extreme …
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Americans are buying more fresh meat than before the COVID-19 pandemic and are seeking value in terms of price, convenience and better-for attributes in meat purchases, according to the 18th …
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Ag News StoriesLivestock NewsNews
Rising Retail Prices Will Increasingly Test Consumers’ Appetite for Meat
by Colter BrownU.S. consumer demand for retail meat remains exceptionally strong despite higher prices stemming from increased production costs and supply chain limitations. However, once the full effects of producer price inflation …
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High prices for U.S. corn, soybeans and wheat are not expected to be a short-term shock, according to a new RaboResearch report, “The Grain Drain After Ukraine.” While the sudden …
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The farm share of the food dollar increased one cent in 2020, according to new data from USDA’s Economic Research Service. On average, U.S. farmers received 16.0 cents for farm …
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The U.S. economy continues to outperform expectations as stimulus funds are fueling robust consumer spending. Consensus forecasts point to 7% GDP growth for 2021, the fastest rate of expansion since …