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Ukraine War

Shortliner News Ag 

Farm Income Jumps 14% to Record High

December 13, 2022December 13, 2022 Kristi Ruggles Farm Income, Farmer Commodities, Ukraine War

High commodity prices will propel U.S. net farm income to a record $160.5 billion this year, despite a steep climb in expenses, said the Agriculture Department. Farm income, a gauge of profitability, would be 14% higher than last year and twice as high as three years ago.

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