The latest projection from the Food and Agricultural Policy Research Institute says the farm debt-to-asset ratio is rising. The FAPRI-MU March baseline for agriculture and biofuels markets says net farm income could fall for the fourth straight year THIS year. Even with a modest recovery in farm income next year and beyond, the report says pressure on farm finances is expected to continue.
The report says net farm incomes has declined by nearly 50% since its peak in 2013.
Continue reading FAPRI-MU outlook shows continued downturn at Brownfield Ag News.
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