NJFB | Economics and Prices

Garden State’s $1.5B agriculture industry ‘going strong’ thanks to innovation

16 Oct 2023, Posted by admin in Economics and Prices, Local Farms and Food, News, State News

Despite challenges, state’s farms are ‘still going strong’ thanks to innovations The basics: Agriculture is New Jersey’s third-largest industry, generating approximately $1.5 billion in annual revenue. The industry is facing challenges such as a tough regulatory environment, high operating costs, competition and unpredictable weather conditions….

AFBF President Duvall testifies before Senate Ag Committee

03 May 2023, Posted by admin in Economics and Prices, National News, News

American Farm Bureau Federation President Zippy Duvall today emphasized the importance of the farm bill during testimony before the Senate Agriculture Committee’s Subcommittee on Commodities, Risk Management, and Trade. The hearing focused on commodity programs, credit and crop insurance. Click here for the full story,…

President Suydam sends list of priority issues to NJ House Delegation

29 Jul 2022, Posted by admin in Economics and Prices, National News, News, Science and Environmental Issues

Earlier this week, NJFB President Ryck Suydam sent a memo to all members of New Jersey’s House delegation, informing them of issues important to agriculture, and encouraging them to meet and talk to farmers from their districts. Click here to read this memo.

NJ farmers facing a triple whammy of problems, but you can help

11 Jul 2022, Posted by admin in Economics and Prices, Local Farms and Food, News

Inflation and supply chain issue impact ag viability. How can consumers help local farmers? Click here to read the story from NJ 101.5

NJ Farmers Worry About Rising Costs

22 Jun 2022, Posted by admin in Economics and Prices, Local Farms and Food, News

Farmers are dealing with notable increases in the prices of fuel and fertilizer. Click here for the video. Click here for a transcript.

Analyzing Farm Inputs: The Cost to Farm Keeps Rising

31 Mar 2022, Posted by admin in Economics and Prices, National News, News

AFBF staff economist Shelby Myers authored a “Market Intel” article (as part of a series) that dives deeper into the rising prices of farm production expenses like fertilizer, seed and pesticides, energy, machinery and land that are pushing farmers further away from breakeven and questioning…

Conservation Reserve Program Signup Deadline July 23

18 Jun 2021, Posted by admin in Economics and Prices, National News, News, Science and Environmental Issues

USDA’s Conservation Reserve Program (CRP) General signup deadline is July 23. Additionally, the USDA-FSA will accept applications for the CRP Grasslands funding from July 12 to August 20. Click here for more information from USDA-FSA.

N.J. has too many deer and legislators need to do something about it.

19 Feb 2021, Posted by admin in Economics and Prices, Local Farms and Food, News, Science and Environmental Issues, State News, Uncategorized

Ryck Suydam, president of the New Jersey Farm Bureau, says legislative leadership should make deer overpopulation an immediate priority. “Together, we will explore proven methods to bring the deer overpopulation in our state back into balance by enacting meaningful legislation that protects both our residents…

USDA’s farmers.gov/cfap website a great resource

13 Aug 2020, Posted by admin in Economics and Prices, News, Uncategorized

The US Department of Agriculture has developed a website specifically to assist farmers whose operations have been directly impacted by the coronavirus pandemic. The site includes a lot of helpful information, specifically about the Coronavirus Food Assistance Program (CFAP) which provides direct relief to producers…

Don’t skip a chance to get PPP funding

23 Jul 2020, Posted by admin in Economics and Prices, National News, News

The Aug. 8 deadline for applying for a Paycheck Protection Program loan is quickly approaching and there’s still about $130 billion remaining of the $660 billion authorized by Congress. If you’re one of the millions of small-business owners who haven’t applied, then you could be…