The vast majority of over two million landowners who rented out 347.8 million acres of agricultural land in 2024 were non-farming landlords, according to the latest USDA survey data, while the amount of land rent collected has increased since 2014.
Agricultural Economy
US Seeking Fertilizer from Venezuela, Morocco Amid Iran War
The Trump administration is seeking other sources of fertilizer amid the ongoing Iran war’s shipping constraints, including from Venezuela and possibly Morocco, White House economic adviser Kevin Hassett said on Tuesday.
Strike Begins at Major Colorado Meatpacking Plant
Striking JBS employees took to the streets of Greeley, Colorado, before sunrise on Monday to picket against the world’s largest meat company, in a rare labor stoppage at a U.S. meatpacking plant and a sign of upheaval in the beef industry.
China Signals Openness to Buying More US Ag Products
Top U.S. and Chinese economic officials held ‘remarkably stable’ talks in Paris on Sunday that touched on potential areas of agreement in agriculture. The Chinese side showed openness to potential additional purchases of U.S. agricultural goods including poultry, beef and non-soybean row crops, one of the sources said, adding that China was still committed to buy 25 million metric tons of American soybeans for each of the next three years.
Lawmakers Eye War Funding Package for More Farm Aid
Republicans are debating whether to attach wildfire aid and $15 billion in tariff relief for farmers to a military funding package President Donald Trump is expected to seek for the unfolding conflict in Iran, according to four people granted anonymity to share internal deliberations.
Farm Bureau Calls on Trump to Protect Fertilizer Supplies
The American Farm Bureau Federation is calling on President Donald Trump to dampen the Iran war’s shocks to the market for critical agricultural supplies — which are landing as farmers confront major economic headwinds.
Half of Farmer Bridge Assistance Already Allocated, USDA Says
The U.S. Department of Agriculture already has obligated more than $6 billion in payments under its new Farmer Bridge Assistance program just days after enrollment opened.
Prolonged Iran War Could Shrink US Corn Acres, Analysts Say
The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches and causing some to rethink their planting prospects.
Senate Dems Seek to Break Up Meatpacking Industry
The US meatpacking industry faces a fresh wave of scrutiny, this time from Senate Democrats seeking to allow companies to process only one type of meat and set stricter limits on the beef market.
Fertilizer Prices Have ‘Significant’ Rise After Attack on Iran
As a result of the attack on Iran, nitrogen fertilizer at the port of New Orleans has seen an increase in price this week. Urea prices for barges in New Orleans traded $520/ton to $550/ton on Monday, up from an average of $475/ton last week, according to CRU Group.
Attack on Iran Could Disrupt Global Fertilizer Markets
A prolonged military conflict in the Middle East could potentially upend key commodity markets due to Iran’s control of the Strait of Hormuz, one of the world’s most important trade routes. America’s crop growers could see fresh price spikes for inputs like fertilizer while battling a multi-year downturn in profitability, experts warned ahead of the attack.
Farmers Voice Ag Economy Frustrations at Commodity Classic
The frustration in the room at Commodity Classic has been palpable following a year in 2025 where strong production was again unable to overcome swelling costs and expenses. Farmers here are now looking harder to Washington for answers as another season of negative margins stares them in the face.
Beef, Most Fertilizers Exempt from New Trump Tariffs
A new 10% tariff on goods from around the world took effect Tuesday — with a list of exemptions including beef. Other exemptions affecting the food and agriculture industries include trade-deal compliant goods from Canada and Mexico and some fertilizers.
USDA Seeks Input on Data Collection as Confidence Falls
USDA is asking farmers and other stakeholders to help examine how USDA can improve its data collection and analysis. The department is issuing a Request for Information (RFI) to examine USDA’s statistical data collection, analysis and research.
Ag Industry Calls for Trade Certainty After SCOTUS Strikes Down Trump Tariffs
U.S. agriculture groups responded to the Supreme Court striking down President Donald Trump’s emergency tariffs by calling for increased certainty in trade policy and carveouts for ag inputs in any new tariffs. But, President Donald Trump already said on Saturday he will raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law.
Ag Economy to Improve Slightly in 2026, USDA Projects
The Agriculture Department is anticipating a slightly easier 2026 for U.S. ag producers, with prices for major commodities nudging higher and input and labor costs moderating, according to USDA Chief Economist Justin Benavidez.
Number of U.S. Farms Shrank by 15,000 in 2025
The number of U.S. farms shrank by 15,000 in 2025, bringing the total to 1.865 million, USDA said (last week) in its Land in Farms report. This continues a long-lasting trend of declining farm numbers. Analysis from the American Farm Bureau Federation noted that farm bankruptcies were also on the rise.
House Ag Committee Releases New Farm Bill, Markup Set for Feb. 23
The House Agriculture Committee unveiled a draft farm bill Friday that would revamp a key international food aid program, boost risk management options for specialty crop growers and nullify California’s controversial Proposition 12 standards for animal welfare.
Cargill Closing Wisconsin Beef Processing Facility
U.S. agribusiness Cargill will permanently close its beef processing facility in Milwaukee, Wisconsin, and eliminate 221 jobs, according to a filing with the state, the latest U.S. beef plant to be shuttered amid rising costs for meatpackers.
Many Producers ‘Fighting for Survival’ in 2026, Survey Shows
The U.S. ag economy enters 2026 in a clear crop-sector recession, but the deeper crisis is one of confidence. High input costs, weak prices, policy uncertainty and eroding trust in data have pushed many producers from planning for profitability into fighting for survival.