NEWS
USDA: 2014 Farm Income to Decline 26.6%
Tue Feb 11, 2014 11:29 AM CST

(Dow Jones) -- Federal forecasters expect U.S. farm income to decline 26.6% to $95.8 billion this year, the lowest level since 2010, due to a sharp drop in corn and soybean prices.

The Department of Agriculture projected that U.S. net farm income would decrease due to an almost $11-billion decline in corn receipts and a decline of more than $6 billion in soybean receipts. Corn and soybean prices fell last year as U.S. growers harvested large crops, including the biggest U.S. corn crop in history.

Farm income last year was $130.5 billion, a nominal all-time high.

Farm incomes roughly doubled ...

Quick View
  • Back to Beans Growers considering moving a field from continuous corn back into soybeans should pay special att...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Clean Air Lawsuits Filed Several environmental and animal-welfare groups argue in two lawsuits that there is well-document...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
DTN's Grain Quick Takes
DTN Daily Feedstuffs Comments
DTN Daily Basis Comments
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments