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US Farm Economy

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    US Farm Economy

    U.S. farm income has continued to decline, and is expected to remain low as planting season approaches across the country. The USDA projects real net farm income to be slightly less than a year ago; that projection would mark the second-lowest farm income total in more than 30 years (Chart 1). Prolonged weakness in the farm sector primarily has been driven by several consecutive years of low crop prices and persistently elevated input costs, while recent weakness in the livestock sector also has been a factor.

    http://www.farms.com/expertscommentary/mounting-pressure-in-the-u-s-farm-sector-105711.aspx

    #2
    What happens there hits us in year two oh that's this spring!

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      #3
      Not to worry, canada is selling the US some if our good pea varieties so they can get a head start on exports this fall. Along with better weather, farm programs and transportation.

      Comment


        #4
        Mixed bag of messages coming from presidential contenders.
        Cruz wants a return to gold standard.
        Sanders is for socialism.
        Trump is for free enterprise but maybe most protectionist and isolationist.
        Harper or Trudeau governments do not look so bad in comparison.

        Comment


          #5
          Originally posted by SASKFARMER3 View Post
          What happens there hits us in year two oh that's this spring!
          Affirmative ghost rider

          Back to reality boys.

          Ice out

          Comment


            #6
            Interesting when North Dakota farmland is going down and Saskatchewan is still increasing?

            Will we start to decline in 2 years or sooner?

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