U.S. Raises Farm-Income Forecast After Crop Sales Increase
Washington — The U.S. Department of Agriculture raised its forecast for U.S. farmers’ profits this year, with crop sales rising above an earlier estimate and help coming from other sources of income such machine rentals. Income will be $100.3 billion, the USDA said last week in a report, down 21 percent from 2014 and a second straight annual decline. Still, that’s 12 percent more than forecast in February. Crop receipts are increasing...
