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U.S. net farm income estimated down 38 per cent

WEB EXCLUSIVE

U.S. net farm income estimated down 38 per cent
U.S. net farm income is forecast to be $ 54.0 billion in
2009, down $ 33.2 billion (38 per cent) from the preliminary estimate of $ 87.2 billion for 2008.

Aug. 31, 2009 – U.S. net farm income is forecast to be $54.0 billion in 2009, down $33.2 billion (38 per cent) from the preliminary estimate of $87.2 billion for 2008. The 2009 forecast is $9 billion below the average of $63.2 billion in net farm income earned in the previous 10 years. | READ MORE