Record Farm Income, Dangerous Farmland PricesVW Staff
Net farm income is forecast by the USDA to rise 15.1% over 2012 to $131B in 2013. However, net cash income is expected to be marginally lower by about 3% to $129.7B due to higher year-end inventories. Even adjusted for inflation, this is higher than the historical norm.
Sector rebounds from the 2012 drought . . .
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