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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
Once-soaring land values appear to be softening in some parts of the U.S., a trend some rural bankers expect to continue as weaker-than-normal commodity prices and high input costs weigh on farmers’ bottom lines.
For some small farmers, the dual use of land for agriculture and solar energy generation, known as is gaining steam as a path to future profitability. But the industry is still in its infancy.
Agriculture Secretary Tom Vilsack highlighted concerns over declining U.S. farms and farmland and other key issues the agency faces during a Senate Agriculture Appropriations Subcommittee hearing Tuesday. The hearing focused on President Joe Biden’s 2025 budget request for the agency.
Agricultural technology theft, acquisition of land near military sites and illegal access to precision agriculture data are a few of the potential risks presented by the Chinese Communist Party that the House Agriculture Committee weighed Wednesday in an hours-long hearing.
A new survey of producers shows worries about the nation’s financial policy are swelling as growers look to make plans for the 2023 growing season and strategize for the broader future of their operations.
New legislation from a bipartisan pair of Senate Ag Committee members adds an additional wrinkle to the conversation about foreign purchases of U.S. farmland.
The average value of American cropland across the country rose sharply by about 14% in 2022 as strong commodity prices and inflation eclipsed rising input and other production costs. It was the second straight year farmers saw substantial increases in the value of their land, with some of the biggest jumps in the Northern Plains, Corn Belt and Lake States, according to new USDA data.
Lawmakers worried that China could gain control over the U.S. food system through land purchases are looking to curb the nation's grip on American farmland, despite no evidence of a spike in land sales to Chinese interests, according to an Agri-Pulse analysis of Agriculture Department data.
