NEWS
Marcia Zarley Taylor DTN Executive Editor
Fri Dec 7, 2012 01:40 PM CST


Droughts No Shock to Farm Income

Using inflation-adjusted dollars, the Great Drought of 2012 shows overall farm incomes are relatively stable, much as they were following droughts in the 1970s and 1980s. But that average includes losses for livestock feeders which are masked by record-breaking income for grains producers, USDA says.

Modern droughts may wreck havoc on the livestock sector, but they just aren't as financially debilitating to crop producers as they were in the last century. In fact, overall 2012 net farm incomes--including both livestock and crops--will slip only 3.3% from the $114 billion accrued last year, USDA forecast ...

Quick View
  • Dr. Dan Talks Agronomy Can you trim inputs while growing soybeans in 2015? Here's a look at what you can and can't cut.
  • Fescue Workaround Fescue can be a challenge, but Butch Foster said he and his dad, Bob, put 200 to 250 pounds on ca...
  • Ask the Taxman by Andy Biebl Readers pose tax questions on how to justify repairs, handle capital gains on a residence and com...
  • Senior Partners - 1 Think how rural communities could rejuvenate if farmland rents stayed local rather than flowing t...
  • Sample With Precision Dan Davidson looks at how to measure the horsepower of your soil with the Solvita soil respiratio...
  • USDA Defines Actively Engaged Under the 2014 farm bill, family operations are exempted from proposed changes in actively engage...
  • New Paths Max payments forecast in areas of hardest-hit 2014 corn yields.
  • She's Got It All Alicia Mielke is a farm girl originally from Harrington, Wash., who continues to lend a hand to h...
  • Ask the Vet Would a bull with an undescended testicle or one that was a hard pull at birth be worthy of breed...
Related News Stories
Senior Partners - 1
Ag Interest Rate Snapshot
Louis Dreyfus Remains Private
Louis Dreyfus Remains Private
Sage Grouse Protection Deal Signed
Non-GM Label Bill Introduced
USDA Defines Actively Engaged
View From the Cab