Third-year decline projected for U.S. net cash farm income

Issue Date: December 7, 2016

Net cash farm income is forecast at $90.1 billion and net farm income at $66.9 billion for 2016, according to the U.S. Department of Agriculture. Both measures are forecast to decline for the third consecutive year after reaching record highs in 2013 for net farm income and 2012 for net cash income.

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