farm income

2018 Forecast: US Farm Income To Sink To 12-Year Low

Feb 8, 2018
Courtesy of the U.S. Department of Agriculture

Farm income will likely drop nearly 7 percent from last year to $59.5 billion, according to a U.S. Department of Agriculture report released Wednesday. The drop is due to continued low prices for crops like corn and soybeans, as well as higher fuel and labor costs.