While American farms have proven more adept at weathering the economic recession that most industries until now, U. S. Department of Agriculture projections show it isn't immune to the downturn. USDA projected yesterday that there will be a 38 percent fall in U.S. farm income this year.
"This is going to be a very unusual year for farm income with much larger than expected declines," USDA economist Jim Johnson told USDA Daily Radio News. Keith Good of FarmPolicy.com reports
