UF Strawberry Flavor Study and U.S. Farmland Prices Increase
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**In their quest to improve strawberry flavor, University of Florida scientists have found the genes behind several aromatic chemicals that enhance the fruit’s taste.
www.morningagclips.com reports, these findings will help UF researchers as they study the sources of the unique aroma in strawberries.
In Florida, farmers grow strawberries on about 11,000 acres, and the fruit carries a $400 million-a-year wholesale value.
Nationwide, strawberries are valued at about $2.2 billion.
www.morningagclips.com/uf-researchers-find-genes-responsible-for-several-flavor-compounds-in-strawberries/
**The Inflation Reduction Act passed by the Senate includes some $40 billion of agricultural funding.
Passed along party lines, Senate Ag Committee Chair Debbie Stabenow says the legislation "gives farmers the resources to tackle the climate crisis by reducing carbon and other greenhouse gas emissions."
But Arkansas Republican John Boozman says Democrats are “passing their far-Left agenda, including parts of the Green New Deal, higher taxes, turbocharging the IRS, and expanding the government’s reach."
**U.S. farmland prices increased 12.4% over the last year, according to new data from the USDA’s National Agricultural Statistics Service.
The report shows the U.S. farm real estate value, including all land and buildings on farms, averaged $3,800 per acre, up $420.
The U.S. CROPLAND value averaged $5,050 per acre, up $630, or 14.3%.
Finally, U.S. PASTURE value averaged $1,650 per acre, an increase of $170, up 11.5%.
