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The Posted county price (PCP) is calculated for the so-called loan commodities (except for rice and cotton) for each county by the Farm Service Agency in the United States. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the United States), corrected for the cost of transporting grain from the county ...
In Nevada, over 90 percent of the cropland is used to grow hay. [12] Alfalfa hay is also the number one crop of Arizona. In 2008, Arizona's hay crop sold for $288 million. [13] Other than hay, the southwestern states do produce a good amount of crops which grow well in warm climates. Arizona's crops, excluding hay, make about $1.9 billion per year.
But the government began rolling back this policy in the 1970s, and now the global market largely determines the price they get for their crops. Big farms can make do with lower prices for crops by increasing their scale; a few cents per gallon of cow's milk adds up if you have thousands of cows. —Time, November 27, 2019
Lawmakers from agricultural-focused states have argued that the help is desperately needed as America’s farmers are facing lower commodity prices and higher costs for supplies.
Hay 1,330,000 $836,640 Wheat 1,155,000 ... Alfalfa Hay 2 7 Sugarbeets 2 19 Wrinkled Seed Peas 2 40 ... (USDA National Agriculture Statistics Service)
Alfalfa is widely grown throughout the world as forage for cattle, and is most often harvested as hay, but can also be made into silage, grazed, or fed as greenchop. [23] Alfalfa usually has the highest feeding value of all common hay crops. It is used less frequently as pasture. [11]
Alfalfa [3] [4] Medicago sativa: Perennial 7 8 as clover honey, alfalfa honey granulates readily [3] feral, cultivated major C, F Clover [4] Melilotus spp. and Trifolium spp. Biennial 5 8 as clover honey feral, cultivated major – up to 500 lb/acre in a good year [3] F Melissa, lemon balm [3] Melissa officinalis: Perennial
The Nebraska Land and Feeding Company borrowed $200,000 ($3,893,991.77 current) from the New York Trust Company through a first mortgage on the Spade Land. The ranch survived until the depression of 1922-1923, during which time the mortgages on the land were foreclosed.