Faith Parum (@Faith_Parum) header
Faith Parum (@Faith_Parum) profile picture

Economist for American Farm Bureau Federation

Washington, DC
Joined July 2025
Photo by Faith Parum (@Faith_Parum)Photo by Faith Parum (@Faith_Parum)Photo by Faith Parum (@Faith_Parum)Photo by Faith Parum (@Faith_Parum)
The #farmbill has a long history of bringing lawmakers together from both sides of the aisle to support America’s farmers and ranchers and secure a safe, healthy food supply for America’s families. Now is the time for Congress to do just that. That’s what brought farmers and ranchers from across the country to our nation’s capital this week. Farm Bureau members from 13 states took time from their farms and ranches to come in person to meet with U.S. senators on both sides of the aisle. Their message was simple but direct: America needs farmers. Farmers need a modernized and complete farm bill.
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Faith Parum retweeted
The 4th of July cookout basket is at nearly $74, but adjusted for inflation it's "holding pretty consistent to last year." @Faith_Parum of @FarmBureau tells @RemyBlaireNews the real story is broader inflation up 4.2% in the last year, with Americans "paying more for groceries" and other staples well beyond the grill.
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Faith Parum retweeted
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: tinyurl.com/4n489puk
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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: bit.ly/3QylCXK
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Faith Parum retweeted
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: fb.org/market-intel/producti…
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Faith Parum retweeted
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.
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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.
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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 👉 bit.ly/4dcDnTH
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Renewable fuels continue to play a critical role in supporting demand for U.S. agricultural commodities. Learn more in our latest Market Intel analysis. 📰 bit.ly/3QOkgb8
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Faith Parum retweeted
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
The 2026 #FarmBill includes much-needed credit updates.👇
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The 2026 #FarmBill includes much-needed credit updates.👇
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Happy to work with @cam_castillo518 on his first Market Intel for @FarmBureau. A great piece that tracks payments dispersed under FBA.
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: fb.org/market-intel/tracking…
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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: fb.org/market-intel/tracking…
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Faith Parum retweeted
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 👇🌽🌱🌾fb.org/market-intel/tracking…
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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. 👉 bit.ly/48FX8Bp
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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.
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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.
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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. 📰 bit.ly/4bHXdFo
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