Net Farm Cash Income Down in 2016

Dan Economy

net farm income
Tyron Spearman takes a look at the highlights from the USDA Net Farm Income report which has recently been released.

Download Net Farm Cash Income Down in 2016

USDA has announced the Net Cash Income leaving contributors this past year to cause a decrease of on farm expenditures. According to USDA Economic Research Service capital expenditures for machinery and vehicles decreased 3.3 percent from 2015-2016. Expenditures on animals and products decreased by 10.9 percent and expenditures for purchased inputs decreased 5.7 percent. Overall it is the 3rd category this year that leaders are saying there will be less investment in agriculture.

I’m Tyron Spearman…