Livestock helps minimize drop in farm income in 2014
U.S. farm income is expected to fall 14 percent in 2014, to its lowest level in four years, as expectations for record corn and soybean crops have pushed commodity prices to their lowest in several years, the Agriculture Department said this week.The USDA said net farm income is forecast to be $113 billion in 2014, down from $131 billion in 2013. Read more at The Des Moines Register…