Everett Griner talks about agriculture producers affected by the interest rates in today’s Agri View. Many farmers, large and small, have to borrow money to make a crop. Everett takes a look at the USDA Annual Accounting of Overall Farm Income. Cash Farm Income was forecast to be up, while Net Farm Income forecast to drop. Everett lets us know …
Net Farm Income Expected to Dip further in 2017
Highlights From the February 2017 Farm Income Forecast Farm sector profitability measures are mixed for 2017. A narrow cash-based measure, net cash farm income, is forecast to rise by $1.6 billion to $93.5 billion from the 2016 value, an increase of 1.8 percent. In contrast, net farm income is forecast to decline by 8.7 percent to $62.3 billion, the fourth …
Net Farm Income Down for Third Straight Year
Net cash farm income and net farm income are two popular ways to measure farm sector profitability, but they aren’t the same thing. Net cash farm income tracks cash receipts and cash expenses, while net farm income includes non-cash transactions, including inventory changes, capital replacements costs, and others. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, …