Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Farmland, News Desk

Agriculture Sector Endures Second Straight Annual Decline

CornRows_lg
The Department of Agriculture is projecting that 2015 will mark another down year for American farmers and ranchers with agricultural sector production projected to fall 9.2 percent to $427 billion. Contributing factors include increased global competition and a slowdown in demand from China. Net cash and net farm income reached all-time highs in 2013, but according to the USDA, both are forecast to decline for the second consecutive year with net cash income expected to fall by 27.7 percent and net farm income dropping by 38.2 percent. The latter percentage would be the largest single-year decline since 1983. Livestock receipts are projected to decrease by 12.0 percent ($25.4 billion) in 2015. The value of U.S. livestock production is also forecast to decline 12.3 percent (to $191.3 billion) as a large drop in receipts more than offset inventory expansion. Read more HERE.

READ MORE

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

Farmland

US Attorney Sues Hemp Farm

The Charleston Gazette-Mail reports the U.S. Attorney for the Southern District of West Virginia filed …

News Desk

Texans Debate Water Development

Politicians in the drought-prone Lone Star State are duking it out over a possible $2 …

Landmarks

2017 Land Report Texas 10

The Lone Star State’s 10 Largest Landowners You’ll not find any land flippers or speculators …

Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code