As of February 9, 2016, U.S. net farm income is forecast to fall to $54.8 billion in 2016 after recently peaking in 2013, due largely to declines in commodity prices.
The decline reflects the fall in gasoline consumption in the United States, infrastructural and other constraints on growth for E15 and the small size of the market for E85, with less-than-offsetting increases in U.S. ethanol exports.
St. Paul-based AgriBank announced financial results for the fourth-quarter and full-year 2015 with strong net income and credit quality, and robust liquidity and capital.
It should come as no surprise, but in its Feb. 9 Farm Sector Income & Finance report, USDA is again projecting that net farm income for U.S. farmers will decline for the third year in a row.
USDA is partnering with 21 states through the Biofuel Infrastructure Partnership to nearly double the number of fueling pumps nationwide that supply renewable fuels.
The Oct. 9 World Agricultural Supply Demand Estimates report from USDA produced little change when it comes to crop receipts projections. So, was it a positive or negative for ag equipment dealers and manufacturers?
The 2015 winegrape harvest was off to an early start this year - 3 weeks earlier than normal - and it officially wraps up this week, according to the Napa Valley Grapegrowers.
Seventy percent of U.S. farms and ranches now have access to internet, a 3 percent growth from 2013, according to the Computer Usage and Ownership report, released last week by the USDA's National Agricultural Statistics Service.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we have reports from both the Farm Equipment Manufacturers Supply Summit and the North American Equipment Dealers Association's Legislative Fly-In.
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