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U.S. Farm Income Projected to Reach $120.6B in 2013

U.S. Farm Income Projected to Reach $120.6B in 2013

By Amanda Brodhagen, Farms.com

The U.S. Department of Agriculture (USDA) expects this year’s farm income to surpass 2011’s record of $118 billion.

American farmers could earn about $120.6 billion net income in 2012, the agency said. The USDA had initially forecasted in Feb. farm income could reach $128.2 billion but lowered its estimates to reflect lower corn prices.

While farm incomes are expected to increase, the agency said farmers and ranchers are also expected to see higher input costs. Farm expenses are predicted to jump $13.1 billion to $354.2 billion. The USDA will update its farm income estimate for 2013 again on Nov. 26.
 


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Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

Video: Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

After being unavailable in 2024 due to registration issues, dicamba products are returning for Georgia farmers this growing season — but under strict new conditions.

In this report from Tifton, Extension Weed Specialist Stanley Culpepper explains the updated EPA ruling, including new application limits, mandatory training requirements, and the need for a restricted use pesticide license. Among the key changes: a cap of two ½-pound applications per year and the required use of an approved volatility reduction agent with every application.

For Georgia cotton producers, the ruling is significant. According to Taylor Sills with the Georgia Cotton Commission, the vast majority of cotton planted in the state carries the dicamba-tolerant trait — meaning farmers had been paying for technology they couldn’t use.

While environmental groups have expressed concerns over spray drift, Georgia growers have reduced off-target pesticide movement by more than 91% over the past decade. Still, this two-year registration period will come with increased scrutiny, making stewardship and compliance more important than ever.