USDA is forecasting an agricultural trade deficit in 2023, but while deficits have happened before, the agency has never forecast one in advance until this year.
The Golden State has become a leader in harnessing “Cow Power” to produce renewable fuels and other clean energy. California farmers purchase the most Federal Crop Insurance for Specialty Crops.
U.S. red meat exports raced to a record performance in March with pork and beef exports each posting the highest monthly value ever, reaching a combined total of nearly $1.6 billion.
Still more crops are being included to the list of those covered by the Coronavirus Food Assistance Program. The list of newly added crops includes aquaculture products.
The U.S. farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2020, unchanged from 2019.