Southern Crop

Southern Crop

USDA Announces Roughly $8 Billion in Farm Program Payments for Old-Crop Year

USDA announced Tuesday that roughly $8 billion will be paid to farmers this month under the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2016-17 crop year that ended Sept. 30.

 

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Highlights from the 2015 USDA ERS Farm Sector Income Forecast

U.S. Farm Sector Profitability – The USDA Economic Research Service (ERS) has issued its 2016 outlook for net farm income which is forecast to “… decline for the third straight year. Net cash farm income for 2016 is forecast at $90.1 billion, down 14.6 percent from the 2015 estimate. Net[…]

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