The Census of Agriculture provides a wealth of data on the state of the industry. Economists with NASS recently took a look at farm topology, peeling back the layers of each operation.
“The farm topology sort of slices this up by looking at what’s called the gross cash farm income. Under value production, that farm produces many, many dollars in value production. But the part that comes back to the farmer is just the fee he receives. Cash farm income and the farm topology just count the part that the farmer gets for his fee. Value production counts everything that came off the farm,” said Joseph Parsons.
Economists uncovered that producers on small farms tend to be new to the profession and have served in the military, and they also likely rely on off-farm work to get by. They also discovered that farming has become a retirement plan, with many new small farmers over the age of 65.
Agricultural exports continue to be a key contributor to rural employment. However, rural businesses still struggle to fill numerous job openings.
October 06, 2025 10:46 AM
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Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
October 03, 2025 01:04 PM
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Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
October 03, 2025 11:02 AM
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“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
October 02, 2025 01:22 PM
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In a final rule published in the Federal Register, the Department states that it will no longer base wage rates on the Farm Labor Survey.
October 02, 2025 11:20 AM
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Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.
October 02, 2025 10:54 AM
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