The U.S. Department of Agriculture’s annual look at farmland values and cash rents was released. USDA Chief Economist Seth Meyer says cash rents are showing flat value changes year-over-year while farmer’s assessed value of their agricultural real estate increase by 4.3 percent.
The National Agriculture Statistics Service has released the annual Farm Production Expenditures report, which NASS’s Lance Honig says tries to cover everything that the name implies.
The United States produces a lot of sorghum and is a leading exporter in global markets but opportunities to expand those markets would help U.S. farmers.