Many Democrat-sponsored spending bills are depending upon a significantly higher-than-expected revenue (income) forecast, but inflation could torpedo that.
The February Farm Income Forecast, showing net farm income, a broad measure of profits, at $136.9 billion in calendar year 2023, a decrease of $25.9 billion, or 15.9% from last year.
American farm exports will drop to $190 billion during the current fiscal year. The EPA released the long-awaited 2023-25 Renewable Fuel Standard blending volumes.
**The American Fruit Growers held its annual State of the Industry survey, with labor a big topic.
One-third of the respondents say labor is not an issue for them, at least not yet.
Growing Produce says that group typically has a stable team of employees, and in 20% of those cases, it includes family members...