Exports will be increasingly important as bolster of farm income
Low commodity prices are depressing farm income, farmland values and repayment rates on farm loans, says the Kansas City Federal Reserve Bank, while larger-than-expected farm exports “seemed only to keep prices for some commodities from dropping further.” Weighed against burgeoning U.S. stockpiles and forecasts of large 2017 crops, “agricultural producers in the United States likely… » Read More
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