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The USDA expects a decrease in farm sector profits this year. Netfarmincome is forecast at $136.9 Every operation is unique, but some of the most common cost-saving farm investments include drip irrigation systems, integrated pest management, smart cloud databases, and AI technology.
Improved cost-share accounting for income forgone when farmers experience losses in revenue due to production changes, anticipated reductions in yield, transitioning to an organic resource-conserving system, or acreage converted to conservation uses. percent of farms. A statutory minimum payment of $4,000 per year.
However, the yield curve has been getting less inverted as long-term rates trended higher throughout the Fall. Corn Yield Again Below Trend At 174.9 bushels below the trend line, the 7th lowest corn yield in 35 years. It’s also the fifth consecutive below-trend yield. 2018 was 5.2 bushels above trend).
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