The USDA Forecasts 2024 Net Farm Income at $6 Billion Less Than Last Year
In its December report, the USDA projects 2024 net farm income at $140.7 billion. This is a $6 billion drop from 2023.
Treasury Offical Claims Sustainable Aviation Fuel Tax Credits Will Be Available in 2025
Treasury spokesman Michael Martinez said the U.S. Treasury plans to issue guidance on the 45Z tax credit for renewable and sustainable aviation fuels before the current administration ends.
Federal Judge Issues Injunction Against Corporate Transparency Act
Texas Federal Judge Amos L. Mazzant issued a nationwide injunction against the Corporate Transparency Act (CTA) on December 4.
Spotted Lanternfly Threatens Georgia Grapes, Apples, Peaches and Hardwood Trees
The Georgia Department of Agriculture confirmed the presence of spotted lanternflies in Fulton County.
U.S. Cheese and Milk Consumption Reaches Record Highs
A December 4, 2024, USDA report reveals U.S. per-capita dairy consumption reached a record 661 pounds in 2023.
Purdue University Survey Reveals Farmer Optimism Highest Since May 2021
A Purdue University survey conducted from November 11 to 15 found that farmer optimism hit its highest level since May 2021.
Cotton Losses in Georgia Push National Cotton Yields to Record Lows
Hurricane Helene destroyed more than 32% of the cotton in Georgia. A preliminary report from the University of Georgia estimates the state lost up to 600,000 bales of cotton.
Trump Taps Jamieson Greer to Serve as U.S. Trade Representative
President-elect Donald Trump nominated Jamieson Greer to serve as U.S. trade representative (USTR).
Consumer Demand for Beef Continues Even as Prices Increase
As we wrap up 2024, the data shows that beef remains a hit with consumers despite higher prices.
Washington State Farmer Wins National Wheat Yield Contest for the Fourth Time
The National Wheat Foundation has challenged farmers to submit their most productive crops to the National Wheat Yield Contest for nine years.