net farm income

Agriculture
6:36 am
Sat September 15, 2012

Despite Drought, Net Farm Income Should be Strong

Kentucky soybeans
WKU Public Radio

University of Kentucky Agricultural Economist Will Snell says a rise in commodity prices and increasing indemnity payments will result in higher net farm income than many would have expected this year. Speaking to the Interim Joint Committee on Agriculture in Lexington, Snell pointed to USDA projections that net farm income this year will reach its highest level in 42 years.