Chad Hart, Iowa State University
“Ag Downturn Triggers Equipment Layoffs, Bargain Deals”
By: Farm Progress – August 24, 2024
“We’ve been watching farm incomes over the last few years slip down from record highs. By the end of this year, USDA projects farm income will have decreased by more than 25% from 2023.”
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Read more on: Farm Progress
Caroline Groth, University of Kentucky
“UK Student is One Step Closer to Dream Job After KDA Internship”
By: Morning Ag Clips – August 25, 2024
“We learned about things from the urban service boundary to our current economy and how it’s affecting agriculture. All of those things have helped me in my day to day.”
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Read more on: Morning Ag Clips
Richard Volpe, California Polytechnic State University
“Are shoppers’ Concerns Around Food Inflation Starting to Ease?”
By: Grocery Dive – August 29, 2024
“Sticker prices aren’t going down, but food is becoming relatively cheaper, or cheaper in real terms. Despite challenges such as the pandemic and related supply chain complications, grocery baskets in the U.S. remain cheaper in “real terms” today than one or two generations ago.”
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Read more on: Grocery Dive
Craig Gundersen, Baylor University
“If Everything Is So Great, Why Are Millions of Americans Sleeping in Their Vehicles?”
By: Vox – August 27, 2024
“What makes SNAP perfect is that the tax on each additional dollar of income is 24 cents. There’s not a disincentive to work, except insofar as all taxes are disincentives to work. And I don’t think that 24 percent is a high tax rate in this context. There’s also no cliff effect with respect to SNAP, because as your income increases, your benefits gradually go down.”
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Read more on: Zero Hedge
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