Net farm income to decline sharply in 2009
WILLMAR -- According to the latest forecast from the U.S. Department of Agriculture, net farm income in 2009 is expected to total $57 billion in 2009, down $30 billion or 34.5 percent from 2008.
The 2009 net farm income forecast is also $6.5 billion below the previous 10-year average of $63.6 billion. However, the 2009 income level will still be the eighth largest on record, with the top five years all occurring between the years of 2003 and 2008.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.