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 2020 value of U.S. fresh fruit and vegetable exports declined slightly, according to a USDA analysis.
www.thepacker.com reports, the 76-page 2020 U.S. Ag Export Yearbook reported U.S. fresh fruit and vegetable exports reached $6...
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.
New USDA data shows the minimum hourly agricultural wage rates are highest in the Pacific Northwest. For 2019, the min. hourly wage in Washington and Oregon was $15.03.