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Agri-Pulse Daybreak for Feb. 16, 2017

WASHINGTON, Feb. 16, 2017- A new poll shows that American farmers are pessimistic that there’s going to be any improvement in the agricultural economy over the next year. Half of U.S. growers think conditions will be about the same and nearly 29 percent think they’ll actually be worse.
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farmland

Trouble on the horizon: Farmland values drop, debt increases

WASHINGTON, Feb. 15, 2017 - When USDA Chief Economist Robert Johansson testifies today at the House Agriculture Committee, he won’t be painting a rosy picture of the farm economy. The value of farmland across the country continues to decline while credit remains tight for producers and net incomes fall.
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