OMAHA (DTN) — For the first time in five years, USDA forecasts national net farm income will fall nearly 23% in 2023, coming down from a record high in 2022. Net farm income, defined by USDA as “a broad measure of profits,” has risen each of the past five years,…Read More
USDA Forecasts 46 Drop in Livestock Cash Receipts but Higher Income for Cattle and Calf Producers in 2023
