Current conditions are sending ripples through the ag economy.
MSN found when harvest is complete this year, nearly 150,000 farms will close. Looking back to the 1950s, more than 60 percent of all U.S. farms have stopped producing, with the number of acres dropping by more than 320 million.
Leaders at American Farmers and Ranchers say everytime the ag economy hits one of these cycles, more family farms begin to disappear.
Related Stories
Focused on Farm Bill: National Farmers Union says legislation delay is creating an uncertain economy
“The farm economy is, if it isn’t in a crisis, it’s well on its way to one right now.”
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
The USDA NASS report also confirms lower August placements.
While symbolic, the WTO’s youth hackathon reflects growing calls for creative approaches to food trade and security, with potential implications for reducing losses, expanding biofuel markets, and stabilizing grain flows.
