New Market Study Published: United States Agribusiness Report Q4 2013
By some measures, the US farm sector is in the best financial conditions in decades. Farm and cash income in real terms are at 30-year highs, while the leverage is at 50-year lows. The sector is also recovering from the droughts of 2012, although the grain sector should rebound faster than the livestock sector. However, the sector still faces concerns: Beef production is expected to remain weak over the short term, while we are forecasting a significant decline in cotton...
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