Tuesday, May 5, 2009

STUDY SHOWS THAT FARMERS LESS CONFIDENT IN ECONOMY

(Agriculture Online) -- Agriculture Online reports that "a growing number of farmers ... are expressing concerns in the financial bedrock of the country." According to Rabobank's "Farm and Ranch Survey" for Spring '09, "twice as many farms than last year join those impacted by worsened year-over-year income levels." However, farmers in the North Central region are more optimistic than farmers in the South or West. "Input costs were one bright spot in the survey, as some farmers found some financial relief in lower production costs. But, a high percentage also said they don't expect that price relief to last very long."

See the story at
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