Prices for pork products subject to California’s Proposition 12 law have increased an average of 20% since the law began, and the ag economy has faced some challenges during the past year while farmland values remain strong.
Pork prices in California have surged by 20% under Proposition 12, outpacing the national average. Despite economic challenges, farmland demand remains high and land values steady.
Economists at UC Davis and the University of Connecticut calculated that exports of almonds and other California agricultural products fell short of expectations by $2.1 billion just in May through September of 2021.
Supply chain woes affected people across the country last year, from producers to consumers. Some of the hardest hit were farmers in California, where a sharp decline in containerized agricultural exp,Hoard's Dairyman Intel