After decades of decline, food’s share of personal spending holds steady – November 23, 2020

After decades of decline, food’s share of personal spending holds steady Since the turn of the century, Americans have spent roughly 10 percent of their disposable income on food each year, two decades of stability that may reflect a leveling-off of U.S. incomes, say two USDA economists. Their analysis provides… Continue reading

Bill would transfer up to 32 million acres to Black farmers – November 20, 2020

‘Justice’ bill would transfer up to 32 million acres to Black farmers Black-owned farmland could expand sevenfold under a bill filed by three Democratic senators on Thursday to reverse decades of discriminatory practices by the Agriculture Department, sometimes called “the last plantation.” The Justice for Black Farmers Act would enable… Continue reading

Alliance including farm groups seeks tax credits to fight climate change – November 18, 2020

Alliance including farm groups seeks tax credits to fight climate change The government would create a range of tax credits to encourage carbon sequestration in the soil and forests, deploy “digesters” nationwide to convert manure into energy, and work more aggressively to reduce food waste if it follows the recommendations… Continue reading

U.S. and global ag trade resilient in face of pandemic – November 16, 2020

U.S. and global ag trade resilient in face of pandemic Partly because food is indispensable, agricultural trade has been remarkably robust despite the disruptions of the pandemic, said Ohio State professor Ian Sheldon during the university’s annual agricultural outlook conference. Inventories of key staples are at high levels worldwide so… Continue reading