Vilsack Statement on Farm Income Forecast

Clint ThompsonUSDA

WASHINGTON – The U.S. Department of Agriculture’s (USDA) Economic Research Service released its annual Farm Sector Income Forecast report for 2024 last week. Agriculture Secretary Tom Vilsack issued the following statement following the release: “After the three highest consecutive years on record in 2021-2023, the first farm income forecast of 2024 indicates net farm income this year will return to …

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Farm Sector Profits Forecast to Fall in 2024

Clint ThompsonUSDA

Net farm income is expected to decrease by $39.8 billion in 2024, according to U.S. Department of Agriculture Economic Research Service (ERS) report titled: Farm Sector Income & Finances: Highlights from the Farm Income Forecast. Net farm income is projected to be $116.1 billion in calendar year 2024, a 25.5% drop compared to 2023 in nominal (not adjusted for inflation) …

USDA to Issue $306 Million in Final Payments to Farmers Impacted by ’20, ’21 Natural Disasters

Clint ThompsonUSDA

WASHINGTON – The U. S Department of Agriculture (USDA) is issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021. USDA’s Farm Service Agency (FSA) started sending these additional payments to eligible producers last week. “In the natural disaster recovery process, every little …

GFVGA Executive Director Hoping for New Farm Bill by End of First Quarter

Clint ThompsonGeorgia

By Clint Thompson A new farm bill could be introduced sooner rather than later. At least, that’s the hope shared by Chris Butts, executive director of the Georgia Fruit and Vegetable Growers Association (GFVGA). “We are hopeful that you may see some texts in the latter part of the first quarter, February-March. We’re hopeful on that,” Butts said. “If you …

Commissioner of Agriculture Wilton Simpson, Legislative Leaders Launch Hurricane Idalia Recovery Programs for Florida Farmers

Dan CooperAgribusiness, Economy, Legislative, Specialty Crops

The Florida Commissioner of Agriculture Wilton Simpson and legislative leaders announced the launch of two agricultural disaster recovery programs with more than $112 million in funding to assist Florida farmers in rebuilding and recovering from Hurricane Idalia. Impacted agricultural producers can now apply for the Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program and the Silviculture Recovery Program.  In …

The Last Word: Connecting the Realities of American Farming

Clint ThompsonSpecialty Crop Grower Magazine

By Chris Butts “I know of no pursuit in which more zeal and important service can be rendered to any country than by improving its agriculture.” — George Washington, July 1794 Our nation’s founding fathers understood the importance of agriculture to our fledgling republic. The ability to feed ourselves is critical to national security and prevents us from becoming reliant …

Florida Farmers Can Join the TEAM Soon

Frank GilesAgribusiness

Florida farmers can apply for the Farm Tax Exempt Agricultural Materials (TEAM) Card beginning Jan. 1, 2024, to use for sales-tax-exempt purchases of agricultural materials. The plastic wallet-sized Florida Farm TEAM Card is a physical alternative to the paper exemption certificates. “I am pleased to make this exciting announcement that will help to alleviate administrative burdens felt by farmers and …

Florida Farmer Resorts to Processing Due to Recent Rains

Clint ThompsonFlorida, Strawberry

By Clint Thompson Florida strawberry growers are still feeling the impact of inclement weather last weekend. Dustin Grooms with Fancy Farms in Plant City, Florida, confirmed on Wednesday that he is processing strawberries this week that were damaged by rainfall. The damage was restricted to one variety, but that still involves a lot of acreage. “Going back and checking the …

Senator Warnock Highlights Support for Georgia Pecan Producers During Farm Visit in Albany

Clint ThompsonGeorgia

Lee County, Georgia — U.S. Senator Reverend Raphael Warnock (D-GA), a member of the U.S. Senate Agriculture committee, visited Albany last Friday and joined local growers on a pecan farm damaged by severe storms. The trip highlighted his commitment to South Georgia farmers — including his focus on securing federal disaster assistance to Georgia farmers impacted by these storms and protecting permanent disaster assistance to …

Georgia Ag Commissioner: New Farm Bill Needs to Get Across Finish Line

Clint ThompsonGeorgia

By Clint Thompson Georgia’s Commissioner of Agriculture is focused on educating congressional leaders about the importance of passing a new farm bill sooner rather than later. Speaking at the Georgia Farm Bureau meeting last week, Tyler Harper talked about the significance a new farm bill will have on specialty crop production throughout the Southeast. “We were all hoping that they …