Faith Parum

Economist for American Farm Bureau Federation

[FarmPolicy @FarmPolicy]

1/ According to the American Farm Bureau Federation, a classic Independence Day #cookout for 10 people will cost $73.82, or about $7.38 per person this year. That is an increase of $2.90, or 4%, from last year.

From the @FarmBureau: https://t.co/RTb1Qswrrp

[American Farm Bureau @FarmBureau]

The average cost of this year’s summer cookout for 10 people comes in at $73.82—or $7.38 per person. When adjusted for inflation, summer cookout costs have stayed relatively stable recently and remain below the peak of 2022.

Get the full breakdown of the American Farm Bureau marketbasket survey: https://t.co/kR4rRziOAs

[John Newton @New10_AgEcon]

ICYMI: Last week USDA released its first projections for input costs for #Plant27, showing record expenses due to higher seed, machinery, labor, and cash rents. #Fuel and #fertilizer costs are expected to decline after rising this year. Here's a look at how input costs have changed since 2020. #oatt #AgTwitter @FarmBureau More from @Faith_Parum here: https://t.co/gE3l5RAtqh

[Zippy Duvall @ZippyDuvall]

The bipartisan vote to allow the sale of year-round E15 will benefit drivers and farmers at a time both are desperately in need of good news. We urge the Senate to follow the House’s lead and approve the sale of E15 year-round. It’s a win-win for farmers and for all of America.

[International Fresh Produce Association @IntFreshProduce]

Thanks, @SenatorSlotkin, for highlighting the pressures facing specialty crops during the @SenateAgGOP @SenateAgDems hearing. Fruit & vegetable producers are especially vulnerable to rising fertilizer costs & disruptions. A stable supply chain matters.

[American Farm Bureau @FarmBureau]

Authorizing the use of E15 year-round would be a win for farmers and consumers. If E15 were available year-round, drivers could see significant savings—an estimated 10 to 30 cents per gallon. Learn more 👉 https://t.co/PRPndonOaX

[American Farm Bureau @FarmBureau]

Renewable fuels continue to play a critical role in supporting demand for U.S. agricultural commodities. Learn more in our latest Market Intel analysis. 📰 https://t.co/xJ83EScpN2

[John Newton @New10_AgEcon]

Tonight all 👀 on the House to start advancing the #FarmBill. It’s been nearly a decade since loan limits were updated but input costs have 🚀 due to historic inflation and rising #fertilizer and #diesel costs. #oatt #AgTwitter

[American Farm Bureau @FarmBureau]

The 2026 #FarmBill includes much-needed credit updates.👇

[Faith Parum @Faith_Parum]

Happy to work with @cam_castillo518 on his first Market Intel for @FarmBureau. A great piece that tracks payments dispersed under FBA.

[Cameron Castillo @cam_castillo518]

I'm honored to share my first Market Intel as an Associate Economist at the American Farm Bureau Federation! In this article, fellow Aggie @Faith_Parum and I track payments made under USDA's Farmer Bridge Assistance program. Read more here: https://t.co/OGZCsCqDAJ

[Cameron Castillo @cam_castillo518]

I'm honored to share my first Market Intel as an Associate Economist at the American Farm Bureau Federation! In this article, fellow Aggie @Faith_Parum and I track payments made under USDA's Farmer Bridge Assistance program. Read more here: https://t.co/OGZCsCqDAJ

[John Newton @New10_AgEcon]

Thanks to USDA and the Administration, nearly $10 billion in #farmer bridge assistance has reached the countryside. More work is still needed, starting with bipartisan support for a #FarmBill in the House next week. Here's a breakdown on FBA benefits by state by @FarmBureau's @Faith_Parum and @cam_castillo518 #oatt #AgTwitter 👇🌽🌱🌾https://t.co/VKhWKLrVM1

[American Farm Bureau @FarmBureau]

The conflict in the Middle East has impacted fuel and fertilizer prices. We surveyed farmers and ranchers from every state and Puerto Rico. Get the breakdown from the latest #MarketIntel. 👉 https://t.co/3fED5qSXOQ

[Faith Parum @Faith_Parum]

A new @FarmBureau survey of 5,700+ farmers across all 50 states + PR highlights the real impact of high fertilizer and fuel prices this planting season.

Read more: https://t.co/tCT2JM0gD0

[Faith Parum @Faith_Parum]

In 2024, farmers received 11.8¢ of every dollar spent on domestically produced food, down from 12.1¢ in 2023. The remaining 88.2¢ went to the marketing bill (processing, transportation, packaging, and food service), showing how food prices are impacted beyond the farm gate.

[Faith Parum @Faith_Parum]

Farmers and ranchers received just 5.8¢ of the industry group dollar in 2024 after production expenses, according to USDA.

Read more here:
https://t.co/AhZ8lew5KI

[Faith Parum @Faith_Parum]

Crop farmers receive an average of 2.5¢ of the industry dollar, while the livestock share is 3.3¢. The rest goes to food services, processing, retail, and other activities in the value chain.

[American Farm Bureau @FarmBureau]

New data shows that farmers’ share of the money consumers spend on food continues to shrink, even as expenses rise. The latest #MarketIntel from Farm Bureau economists shows that in 2024 farmers and ranchers received a combined 5.8 cents of every food dollar after accounting for expenses, down from 5.9 cents in 2023. 📰 https://t.co/fIi60Aoszk

[Senate Ag Committee Republicans @SenateAgGOP]

America’s farm families are facing serious financial challenges.

Chairman @JohnBoozman and @SenJohnHoeven are championing additional assistance to help farmers keep their operations running until the provisions of the One Big Beautiful Bill take effect.

▶️ Watch why @FarmBureau's president says this matters.

[Pro Farmer @profarmer]

Farm Bureau urges the White House to address surging fertilizer prices as farmers face falling crop prices and inflation, while StoneX outlines potential long-term solutions to stabilize fertilizer markets in the U.S.
https://t.co/uBWXq4tWd8