Garth Taylor

In early September, the USDA released its 2022 Farm Sector Income Forecast, which showed a mixed bag for the farm economy.  ERS predicts producer cash receipts will increase 21% to more than $525 billion nationally.  Crop values are expected to increase 9% year-over-year, while cash receipts from animal production will be up 28% from 2021 numbers.   Despite el...

The drought is negatively impacting commodities across the Pacific Northwest, and the western U.S., making 2021 a less than average year for many producers. But one regional Ag economist is concerned additional challenges lie ahead. The University of Idaho’s Garth Taylor said this year’s drought is very frustrating for farm country, since the winter produced such as strong snowpack. He added .