fuel costs

Idaho’s barley industry enjoyed a bounce back in 2022, and appears to have recovered from the 2021 drought.  Idaho Barley Commission’s Laura Wilder said this year, growers reported 59.9 million bushels, with the average price of $7.59 per bushel.   ...

In early September, the USDA released its 2022 Farm Sector Income Forecast, which showed a mixed bag for the farm economy.  ERS predicts producer cash receipts will increase 21% to more than $525 billion nationally.  Crop values are expected to increase 9% year-over-year, while cash receipts from animal production will be up 28% from 2021 numbers.   Despite el...

Staggering farm input costs are driving Ag profits into the ground.  South Dakota Senator John Thune said it’s a tale of two economies: one, the economy of scale, and two, the cost of farming.   “This year will be the record year in terms of gross farm receipts.  In other words, top-line...

The American Farm Bureau Federation is out with some dramatic new figures on the toll fuel inflation is taking on producers and consumers.  AFBF Chief Economist Roger Cryan said the cost of growing food and fiber is soaring. “At the retail level, gasoline is up 50% from a year ago and fuel oil is up 100% from a year ago, quite a high-cost increase for farmers," with diesel up 74% from a year

In a letter to Congress Wednesday, National Farmers Union expressed support for the Lower Food and Fuel Costs Act and urged Members to support the bill. The legislation, NFU says, will provide fairness to farmers, lower prices for consumers, and fight back against decades of consolidation in agriculture ...

The virtual legislative session in Washington has seen a variety of bills that have concerned many in the farming community. Perry Dozier, state senator from the Walla Walla area, said he’s very concerned about the additional taxes that will placed on the backs of Washington farmers. Whe ...