National Ag News
USDA says farm income up, but outlook remains challenging
Dec 1, 2017, 11:17 AM
by
System
The USDA is forecasting more stable farm sector profits after three years of decline, but their report has some bad news for farmers.
The USDA’s Economic Research Service report says net farm income is expected to go up 2.7% to more than 63-billion dollars this year, but after adjusting for inflation, that income will be about the same as 2016.
Cash receipts are up for dairy, poultry, eggs, hogs, and cattle, but down for crops.
Continue reading USDA says farm income up, but outlook remains challenging at Brownfield Ag News.
