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
According to the most recent version of the Household Food Security Report for 2022-2023, food insecurity is on the rise in the U.S.
Cindy Kovar with AgriSafe joined us on Monday’s Market Day Report to talk about road safety and agriculture as we age.
Andy Lee, with GHX Golden Harvest, discusses the mission of the Golden Harvest Experience, which gives farmers a personalized plan for their farm, including predictive seed placement and in-person support.
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.
