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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 18, 2024
Food prices are on track to return to normal levels this year, as consumers can expect to see softened food-at-home costs after years of high inflation pushing prices up, economists project.
Leaders of U.S. agribusiness giants expect the farm economy to remain relatively strong through next year despite higher interest rates and softening commodity markets.
Farm groups are calling for Agriculture Department loan program payment rates to be increased in the upcoming farm bill, while agency officials look at other ways to make the programs more accessible and flexible for producers.
Senate Agriculture Committee staff are going through requests from 98 senators detailing what they want to see in the farm bill as the committee works to get a bill ready this year.
Consumers will need to dig a bit deeper into their pocketbooks to pay for classic Thanksgiving food items this year, according to the American Farm Bureau’s 37th annual marketplace survey.
The Department of Agriculture is projecting a farm income boost for 2021, but growers are looking ahead to 2022 and worried about the role rising input costs will play in their bottom lines.
The American Farm Bureau Federation has selected a veteran economist with the Agriculture Department and the dairy industry to lead the organization's economic analysis unit.