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.
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Alaskan wildlife officials canceled the 2022-23 Bering Sea Snow Crab season for the first time ever. The Bristol Bay King Crab season is also canceled for the second consecutive year.
An economist says U.S. ag exports could fall next year due to several factors.
According to the latest Cattle on Feed report, drought brought placement numbers lower.
