USDA Trims Net Farm Income Forecast for 2017

Posted on 11/29/2017 12:17 PM
In its final update of the year, USDA's Economic Research Service (ERS) estimated net farm income at $63.2 billion for 2017, down $200 million from its August estimate but up $1.7 billion (2.7%) from 2016. Technically, this is the first uptick in three years, but adjustments for inflation translate to basically unchanged net farm incom...