U.S. farmers reported total farm production expenses of $424 billion in the 2022 Census of Agriculture, which USDA released on Feb. 13. Production expenses were up 29.9% from $326 billion in the 2017 census. USDA releases its Census of Agriculture every 5 years.
Feed accounted for the highest expense at $88.4 billion and was up 25.7% over 2017, the highest increase of all expense categories. Hired labor costs were up 10.2% to $41.8 billion. The…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
