NEWS
US Farm Income Seen at $128.2B in 2013
Mon Feb 11, 2013 11:15 AM CST

CHICAGO (Dow Jones) -- Income on U.S. farms is expected to climb this year as crop production grows following last summer's deep drought, federal forecasters said Monday.

The U.S. Department of Agriculture forecasts net farm income to be $128.2 billion in 2013. That would be an all-time, nominal high and the highest since 1973 on an inflation-adjusted basis.

Forecasters said they expect production to climb from last year, with volumes from larger harvests offsetting price declines. The USDA projections assume crop production will return to historic levels after last year's drought.

The agency also expects a climb in the value ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Ag Interest Rate Snapshot
Check and Certify
Klinefelter: By the Numbers
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Senior Partners - 3
Rates Too Low Too Long
Minding Ag's Business