Friday, September 2, 2011

'U.S. FARM INCOME WILL SET A RECORD, USDA SAYS'


(Bloomberg News/JournalStar.com) -- Bloomberg reports that "U.S. farm income will jump 31% this year to a record $103.6 billion because of higher crop and livestock prices." The story noted that the United States is expected to ship a record $137 billion of farm goods overseas, while ethanol will consume a record 5.1 billion bushels, or 39%, of this year's projected corn crop.