Source: Chris Clayton, PROGRESSIVE FARMER, 11/29/17

Cash receipts in the livestock sector are forecast to grow 7.6% for all of 2017 while receipts for crop producers are projected to fall 2%, according to USDA's latest farm income forecast released Wednesday. Overall, net farm income is stabilizing and expected to provide a small bump in 2017 to $63.2 billion, or a 2.7% increase over 2016 numbers. The increase in the overall farm sector comes after three consecutive years of declines.

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