Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 2/22/18


Speaking on Thursday at USDA’s Agricultural Outlook Forum in Arlington, Virginia, USDA Chief Economist Robert C. Johansson provided a broad outlook for U.S. agriculture.  Today’s update provides an overview of key aspects of Dr. Johansson’s presentation. In his speech Thursday (transcript / slides), Dr. Johansson noted that, “Falling net farm income is largely the result of falling commodity prices, productivity is outpacing population growth and food demand.”

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