For those interested in agriculture - 2008 Farm Income Forecast

I know several 4-H'ers are studying agriculture, so I am passing on some information.

"Net farm income is forecast to be $86.9 billion in 2008, little changed from the record $86.8 billion farmers are estimated to have earned in 2007, and 42% above the 10-year average of $61.1 billion. Net cash income, at $90.7 billion, is forecast to be $3.3 billion (4%) above 2007 and 33% above its 10-year average of $68 billion. Net cash income is projected to rise more than net farm income because of the carryover of 2007 crops, which are being sold in 2008. "

For the rest of the article, go to this link on the USDA website: http://www.ers.usda.gov/Features/FarmIncome/