Agriculture Roundup for Tuesday September 20, 2022

Sep 21, 2022

MELFORT, Sask. – A rail strike in the United States was averted, much to the relief of the agriculture sector.

Agricultural Retailers Association president Daren Coppock said a strike would have gridlocked commodity supply chains during harvest.

He said farm retailers were already feeling the impact of a potential strike as railroads started to cancel shipments of fertilizer products such as anhydrous ammonia and affecting domestic fertilizer production earlier last week.

A labour deal was brokered by Labour Secretary Marty Walsh who tweeted a deal was reached after roughly 20 hours of talks.Specific details on the agreement were not released. The talks involved 12 unions representing more than 100,000 engineers, conductors, mechanics, and other railroad workers.

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Video: Cheapest States to Buy Farmland in America

The United States has more than 895 million acres of farmland, which includes all rural land tied to farming operations, from highly fertile Midwest cornfields to vast grazing ranges in the West, as well as the undeveloped rural land, which is often sold as ranches, homesteads, or uncultivated lots. Nowadays investing in rural land is very lucrative even billionaires like Bill Gates, Jeff Bezos, and Warren Buffett have bought up thousands of acres of farmland across America. In contrast to investors, agricultural companies, and business moguls, some buy farmland for their own requisites, like starting a small farmstead, creating a cottage, and becoming self-resilient. In this video we have ranked the top cheapest states to buy farmland according to the per-acre land value, which is accumulated from the United States Department of Agriculture. The USDA’s per-acre land values come from an annual survey, which is cross-checked with actual sales data, appraisals, and market trends to ensure accuracy. So here are The top Cheapest States to Buy Farmland.