COLUMBIA, Mo. – Missouri farm income appears on pace for another record year, according to John Kruse, associate research and extension professor in agricultural and applied economics at the University of Missouri.
Global events have had a drastic impact on the state's largest industry, but farm revenues in Missouri were estimated to hit a record high in 2021 with another steady year expected to follow.
The latest United Nations report on climate change out earlier this month makes it clear that more carbon dioxide needs to come out of the atmosphere. One sector it says has lots of potential to hold onto carbon is agriculture, which accounts for 10% of U.S. greenhouse gas emissions.
Lincoln University hosted the U.S. Department of Agriculture on Monday, where USDA Secretary Tom Vilsack announced the federal government would be offering $1 billion in grants to support climate-friendly farming, ranching and forestry practices.