Agricultural Farm, Ranch & Timber Land Loans, What’s Ahead in the Agriculture Industry for 2019, agriculture industry was affected by significant changes, agricultural damage from Hurricane Michael, 2020 Fall Harvesting Season: Agritourism and COVID-19, Combatting the Effects of Wildfires on California Agriculture. Cattle and calf sales totaled $66.4 billion in 2018, hog sales reached $20 billion, and poultry and egg sales were $46.7 billion. There are many strict guidelines and regulations organic producers must meet to be USDA certified organic, which typically raises the costs of organic foods compared to conventional or GMO products. While many of the typical hallmarks of ag are the same – the community, the emphasis on family and, most importantly, the crucial role ag place in our economy and our world – the way that farmers farm is changing. Moreover, California experienced the most destructive wildfire season on record with 7,579 fires burning more than 1.7 million acres – the largest amount of burned acreage recorded. Another prediction for the new year, will be the continued shift in trade partners due to the ongoing trade war. This past year, the agriculture industry was affected by significant changes that occurred in government such as, the United States (U.S.) entering into a trade war with China, Mexico, and Canada – placing tariffs on various exports – and the Farm Bill expiring on September 30, 2018. The nation’s dairy industry is also facing over-production issues, with approximately 1.4 billion pounds of cheese in cold storage at the end of 2018. Additionally, crop insurance is now available for hemp operations, making it less of a risk for farmers to produce. Read Top data trends for Agribusiness in 2019 in addition to hundreds of recent farming and agriculture news articles. Emerging Agricultural Trends in 2019. National net farm income – a key indicator of U.S. farm well-being – is forecasted at $66.3 billion in 2018, down more than $9 billion from 2017. These provisions provide potentially significant tax benefits to investors who re-invest capital gains into long-term investments in QOZs. But if your business doesn’t adapt to them, you may suffer. One way that large companies can do this is through consolidation, thus taking two market shares and combining them into one. HARVEST RETURNS DOES NOT ADVISE ANY PARTY ON RAISING CAPITAL THROUGH DEBT OR EQUITY SECURITIES OFFERINGS. He points out four key tech trends impacting agriculture in 2019: • Big data – the industry is increasingly using data analytics to improve operational efficiency and yield prediction. In fact, they’re going to help farmers scale their operations so they can meet the food demands of a growing population. As 2019 unravels and the agriculture industry continues to evolve, its important you are prepared for unexpected changes, having a financial plan in place to position your operation for long-term success. To certify soil for organic farming after its been used in conventional farming takes years. THE INFORMATION ON THIS SITE IS FOR DISCUSSION PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION TO PURCHASE OR SELL ANY SECURITIES OR FINANCIAL PRODUCTs. On the upside, the nation’s cattle herds continued to expand in 2018, along with U.S. hog and poultry flocks. They want to know that farmers are considering how their practices are impacting the environment and the ecosystem. Agriculture is responsible for 14.5 percent of all greenhouse gas emissions, with feed production accounting for 45 percent of this total. Overall, organic farm and ranch operations must demonstrate in excellent recordkeeping that they are protecting natural resources, conserving biodiversity, and using only approved substances. NONE OF THE INFORMATION on this site TAKES INTO ACCOUNT ANY PERSON’S PERSONAL OBJECTIVES, FINANCIAL SITUATION, OR NEEDS AND YOU MUST DETERMINE WHETHER THE INFORMATION IS APPROPRIATE IN TERMS OF YOUR PARTICULAR CIRCUMSTANCES. 3 Agriculture Trends to Look Out for in 2019 Posted by FMiD Team on Jan 30, 2019 While many of the typical hallmarks of ag are the same – the community, the emphasis on family and, most importantly, the crucial role ag place in our economy and our world – the way that farmers farm is changing. The federal government’s Tax Cuts and Jobs Act of 2017 established Qualified Opportunity Zone (QOZ) provisions to stimulate economic development. These agricultural trends that are being seen this year are likely to set the stage for many years going forward and beyond. Farmers aren’t behind the times when it comes to social media and the Internet. That means that you have to try and navigate a market that’s increasingly being taken over by large entities. Digital innovation in agriculture is the thing to look out for. Unfortunately, both the soybean and dairy industries suffered in 2018 due to the U.S.-China trade war. In 2019–20, the total value of Queensland’s primary industry commodities is forecast to be $16.99 billion, 5 per cent less than the previous estimate and 11% less than the five year average. Because of this, marijuana is grown for recreational and medicinal purposes, and hemp actually refers to the industrial, non-drug variant that is cultivated for its fiber, hurd, and seeds. Soil-based agriculture has dominated food production for tens of thousands of years. However, farm wealth is up 1.4 percent from 2017 to $3 trillion, and farmland values are up 1.9 percent in 2018 following a 2.3 percent rise in 2017. Organic is a labeling term that indicates that the food or other agricultural product has been produced through USDA approved methods. The new law allows for transporting hemp across state lines, expanding export and sales options. If you’d like to discuss the financial future of your operation, contact our professionals today at info@agamerica.com or 844.516.8176. Other countries have retaliated with tariffs of their own – particularly China – and as a result, the U.S. has doubled sales to Mexico and the European Union in the past year, comprising our top two export markets.

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