Why is the US farming sector booming?

[Funny Farmer]

They must be doing something right over there!

Farm income booms for third year in a row

The U.S. agricultural sector is headed for its third year in a row of exceptionally high net farm income, albeit a step down from the record set last year. Since 2021, net farm income — a broad measure of profits — has run at least $39 billion a year above the 10-year average.

www.agriculture.com

 

[dave78+]

They must be doing something right over there!

Farm income booms for third year in a row

The U.S. agricultural sector is headed for its third year in a row of exceptionally high net farm income, albeit a step down from the record set last year. Since 2021, net farm income — a broad measure of profits — has run at least $39 billion a year above the 10-year average.

www.agriculture.com

They don't have DEFRA inflicted abuse to contend with!

 

[Tarw Coch]

Brexit

 

[Rich_ard]

Brexit

Bet they still have immigration!

 

[bobk]

@Flatlander

 

[bobk]

They must be doing something right over there!

Farm income booms for third year in a row

The U.S. agricultural sector is headed for its third year in a row of exceptionally high net farm income, albeit a step down from the record set last year. Since 2021, net farm income — a broad measure of profits — has run at least $39 billion a year above the 10-year average.

www.agriculture.com

All bollox , USA is the biggest fake news provider outside China

 

[Flatlander]

Utter bull 5hit. I was in Indiana a couple of months back and couldn’t believe how poor the crops looked. Driving back the 1600 km only one area had caught decent rains and that wasn’t a vast area. Adding it all up between high rent fertilizer costs higher fuel and equipment costs they are hurting big time. Governments create the fake news or investors would loose confidence in the U.S. economy. The crunch is yet to come fir North America I think. Canada and the USA are spending vast sums of money around the world interfering with matter that don’t concern them while their own population get taxed higher and have less to show fir their tax dollar. Big areas of the prairies in Canada won’t have an average crop. West of me outside the valley crops are poor and won’t cover inputs let alone rents or equipment costs. Sad times.

 

[dave78+]

Utter bull 5hit. I was in Indiana a couple of months back and couldn’t believe how poor the crops looked. Driving back the 1600 km only one area had caught decent rains and that wasn’t a vast area. Adding it all up between high rent fertilizer costs higher fuel and equipment costs they are hurting big time. Governments create the fake news or investors would loose confidence in the U.S. economy. The crunch is yet to come fir North America I think. Canada and the USA are spending vast sums of money around the world interfering with matter that don’t concern them while their own population get taxed higher and have less to show fir their tax dollar. Big areas of the prairies in Canada won’t have an average crop. West of me outside the valley crops are poor and won’t cover inputs let alone rents or equipment costs. Sad times.

I think drought will kill a lot of them US farmers off.

 

[farenheit]

Bet they still have immigration!

Yes it makes up the majority of their labour force.

 

[Flatlander]

I think drought will kill a lot of them US farmers off.

The older generation with no one to take over it will force retirement earlier but all the land will get farmer. Plenty waiting to spread their wings the same as any other country. I know if land came up for sale or rent here dozens would be fighting over it then cry poverty and say it doesn’t pay.

 

[Poorbuthappy]

The older generation with no one to take over it will force retirement earlier but all the land will get farmer. Plenty waiting to spread their wings the same as any other country. I know if land came up for sale or rent here dozens would be fighting over it then cry poverty and say it doesn’t pay.

sounds just like here.

 

[Jerry]

sounds just like here.

Farm next door to me just come on the market. All be it just 100 acres. Most of that is bloody steep and dry ood perm pasture you could no reseed easily. Maybe 30 acres cropable but as said its dry ground. Poor buildings and a bungalow that needs bulldozing and rebuilding to make worth living in. (And no mains water or electric)

Looking for £20k per acre inc the bungalow.......

 

[Sharpy]

Farm next door to me just come on the market. All be it just 100 acres. Most of that is bloody steep and dry ood perm pasture you could no reseed easily. Maybe 30 acres cropable but as said its dry ground. Poor buildings and a bungalow that needs bulldozing and rebuilding to make worth living in. (And no mains water or electric)

Looking for £20k per acre inc the bungalow.......

Did the mental arithmetic, thought I had made a mistake, double checked 2 million!!

 

[dave78+]

Did the mental arithmetic, thought I had made a mistake, double checked 2 million!!

Will he take a cheque?

 

[Clive]

They must be doing something right over there!

Farm income booms for third year in a row

The U.S. agricultural sector is headed for its third year in a row of exceptionally high net farm income, albeit a step down from the record set last year. Since 2021, net farm income — a broad measure of profits — has run at least $39 billion a year above the 10-year average.

www.agriculture.com

no farm assurance, low fixed costs like outdoor storage
no banned chemicals
lower welfare standards
cheap land
gm

proper co operation in input buying

higher than usual grain due to war

the list goes on

 

[Clive]

Did the mental arithmetic, thought I had made a mistake, double checked 2 million!!

cheap for a house and 100acres around here i reckon !

 

[Jerry]

Did the mental arithmetic, thought I had made a mistake, double checked 2 million!!

Yep…

 

[Jerry]

cheap for a house and 100acres around here i reckon !

You’d need to build houses on stilts one side to make them level and put in chair lifts on a good portion. Plus put in half decent access roads rather than 3m wide lanes.

You buy it and you can have access over mine for £1m.

 

[kiwi pom]

no farm assurance, low fixed costs like outdoor storage
no banned chemicals
lower welfare standards
cheap land
gm

proper co operation in input buying

higher than usual grain due to war

the list goes on

Yep, grass is always greener. Is anywhere as bad as the UK?
Reality may be a little different though.
Chap on here moved over there I think, says it's easy enough to get in if you buy a business. You have been talking about leaving the UK as it's so bad. Buy yourself a pickup and a gun and crack on

 

[dave78+]

Yep, grass is always greener. Is anywhere as bad as the UK?
Reality may be a little different though.
Chap on here moved over there I think, says it's easy enough to get in if you buy a business. You have been talking about leaving the UK as it's so bad. Buy yourself a pickup and a gun and crack on

This here UK is not the Wild West!