Americans are buying more food but spending less of their disposable income on it.
More than $1 billion worth of poultry and poultry products are expected to be exported to China in the coming year, following the dissolution of a U.S. poultry ban imposed since 2015.
Virginians will be able to feed their families a Thanksgiving meal for a little over $6 per person this year, according to an informal price survey conducted by the Virginia Farm Bureau Federation.
The average value of an acre of U.S. farmland rose $50 to $4,100 last year, according to the U.S. Department of Agriculture’s 2019 cropland value report.
A summer picnic meal remains affordable at a cost of $5.28 per person, according to a recent American Farm Bureau survey.