Knopf says that math, statistics, data science, and agricultural economics are the most common degrees of NASS employees, as well as any other number of agricultural degrees.
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With 69,425 farms dotting Kentucky’s landscape and more than 12.4 million of the state’s 25 million acres dedicated to some form of farming, it’s evident Kentucky’s roots are still very much agricultural. These were just some of the statistics from the recently released 2022 Census of Agriculture.
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After achieving remarkable success the previous two years, Kentucky's agricultural economy will likely experience a modest decline in 2023 and some sectors will face continued challenges into 2024. The global response to price incentives, stemming from tight global stocks and trade opportunities, has significantly impacted the state’s agricultural sector.
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“Young, ambitious farmer looking for land to lease.”
That’s how Ryan Bivens described himself in ads when he moved to Hodgenville 20 years ago hoping to establish a farming career. It might be an unorthodox way to build a farm operation, since most farmers inherit a family business, but it didn’t take long for people to see how serious Bivens was, or how successful he could be.
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Kentucky's agricultural receipts reach new RECORD HIGH of $8.3 BILLION in 2022, up from $6.9 billion in 2021. According to the most recent USDA National Agricultural Statistics Service report. . .
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During the Kentucky Farm Bureau’s annual meeting, University of Kentucky College of Agriculture, Food and Environment economists shared their predictions for the state’s agriculture and forest economies. Despite significant challenges, the economists predicted the state’s 2022 agricultural receipts will approach a record-high $8 billion, well surpassing the 2021 record-high of $6.9 billion.
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University of Kentucky agricultural economists are predicting the state’s 2021 agricultural receipts will exceed $6.7 billion. If realized, this will be a new record, surpassing the previous record of $6.5 billion in 2014 and the $5.5 billion average over the past five years. They expect net farm income to approach $2.5 billion, which is the highest since 2013.
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Agricultural economists from the University of Kentucky College of Agriculture, Food and Environment are projecting 2020 farm cash receipts to be $5.5 billion, equaling 2019 receipts. The economists estimate that net farm income will likely exceed the $2.2 billion Kentucky producers earned in 2019.
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