USDA today forecast net farm income for this year at $65.7 billion, up from a February projection but down $9.8 billion, or 13 percent, from 2017, when the broad measure of farmland profits increased nearly 23 percent.
As trade tensions continue to rise, the thought of having to deal with another tough year of tight or absent financial margins can be daunting. According to the USDA's latest forecast, net farm income for 2018 is expected to fall to $59.5 billion, a 12-year low.
Rural hospitals, nursing homes and other health care facilities provided more than 1.25 million wage and salary jobs in 2011, accounting for 8.5 percent of rural wage and salary employment, says a new USDA report.
WASHINGTON, Sept. 6, 2017 - Millions of children are still going hungry or are not eating properly in the U.S., but the overall number of people suffering what USDA calls food insecurity continues to creep lower, according to a report released today by the department’s Economic Research Service.
WASHINGTON, Aug. 30, 2017 – It’s been three long years of decline, but farm revenue is now expected to rise this year, slightly, according to a forecast released today by the USDA’s Economic Research Service.
WASHINGTON, August 2, 2017 - Linking conservation compliance to crop insurance as well as commodity payments ensures that farmers are motivated to prevent soil erosion and preserve wetlands regardless of whether crop prices are high or low, a new Agriculture Department study says.