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As a result of persistently high input costs and rapidly declining commodity and food crop prices, the USDA now projects that this year’s drop in both netfarmincome and net cash income will be the largest decline of all time, down $42 billion and $54 billion, respectively.
Invests in public cultivar development and seed competition, including: The addition of regionally adapted cultivar and breed development for priority areas in the Agriculture & Food Research Initiative (AFRI) (Sec. percent of farms. 12103, 7124).
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