Today’s farmers are profitable. According to the USDA, 5 of the all-time top-earning years in U.S. agriculture occurred in the last 7 years. While high input costs, global recession and other factors reduced farm profits by 20% in 2009, 2010 is expected to be a rebound year. Net farm income is forecast to be up 11.8%, or $6.7 billion, this year compared to 2009.
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