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Shining Light on Farm & Food Policy for 20 Years.
Thursday, April 25, 2024
A monthly measurement of producer sentiment recorded a slightly higher score in February, but farmer and ranchers are still noting an elevated level of financial concern.
Corteva Agriscience leaders expressed optimism about the company’s financial position, and the strength of the ag economy as a whole, in a call Thursday where they reported revenue and earnings numbers that exceeded analysts’ estimates.
The latest Ag Economy Barometer reading moved a mere one point from its previous figure, but year-over-year comparisons offer a clearer picture of what farmers are thinking entering 2024.
If you think hiring good employees for food and agricultural jobs is difficult now, the data doesn’t indicate it’s going to improve anytime soon. Understanding generational differences in today's labor makeup will help ag companies weather the tight labor market.
Cropland values jumped 8.1% this year, hitting an average of $5.460 an acre, USDA reports. Many states have seen double-digit increases this year, with Kansas leading the nation with an increase of 16.6%.