Number of U.S. farms falls below two million

Number of U.S. farms falls below two million

The USDA says the number of U.S. farms has fallen under two million for the first time since before the Civil War. The numbers come from the 2022 Census of Agriculture. In 2022, there were 1,900,487 farms in the country, a seven percent decline from the level in the...
Iowa farmland sells for a near-record amount

Iowa farmland sells for a near-record amount

Not one but two tracts of farmland in Sioux County, Iowa, sold for a near-record $29,600 per acre in a public auction this week. In November 2022, a sale of 73.19 acres in the same county sold for the current state record of $30,000 per acre. A spokesman for Zomer...
United States cattle on feed up slightly

United States cattle on feed up slightly

USDA ended last week with the monthly Cattle on Feed Report showing slightly higher inventories on February 1. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million. The inventory...