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Grain Farmers Cope with Cash Crunch

Mar 11, 2018 at 02:38 PM CST
Even though farm income has halted its rapid decline, 2018 looks to be another year of tight profit margins. USDA forecasts net farm income, a broad measure of profits, will decline nearly 7% from 2017 to just under $60 billion for this year. This would be its lowest in nominal terms since 2006. Net cash income is forecast to decline 5% to $91.9 billion—its lowest since 2009.