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USA - Farm income down

Less than 5 percent of farms saw an improvement in income this year, a drastic downturn compared to the same time last year when one in four farms saw better year over year income, according to Rabobank’s Farm & Ranch Survey.
5 October 2009
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Less than 5 percent of farms saw an improvement in income this year, a drastic downturn compared to the same time last year when one in four farms saw better year over year income, according to Rabobank’s Farm & Ranch Survey.

Higher input costs continue to be the most frequently mentioned economic challenge facing U.S. farmers. Three in five farmers rank it the primary factor that has contributed most to the economic challenge they are confronted with. Additionally there is an increasing concern regarding reduced demand (55 percent) and weather conditions (57 percent).

https://www.rabobankamerica.com/content/documents/news/2009/farm_and_ranch_survey_national.pdf

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