28.08.2013 - Strong outlook for the farm sector comes with a commodities caveat
Things are still good in the U.S. farm belt. On Tuesday, the Department of Agriculture said it expects net farm income this year to reach $120.6 billion, a jump of 6% from 2012 and the second highest since 1973 on an inflation-adjusted basis. But the robust outlook comes with a caveat. Federal forecasters in their last outlook back in February predicted an even stronger 2013. Tuesday’s projection for net farm income was a more than 6% decline from that earlier forecast...............................................Full Article: Source
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