A new land trend report out of Texas A&M shows that over the last five years, nearly 1.8 million acres of working land have been developed. Grazing lands account for the majority of that loss.
Since 1997, over 6 million acres of grazing land have been converted to other land uses, but the report was not all bad news: over the last 25 years, wildlife management acres grew from just 94,000 acres to over 7 million. And while the state may have lost more than 17,000 agricultural operations over the last five years, it is still home to 2,500 more than in 1997.
Related Stories
Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.