U.S. Farm Income Will Drop for Third Year in Commodity Slump

  • Costs seen lower in consecutive years for first time since '86
  • USDA sees farm debt-to-equity ratio higher for fourth year

The U.S. Department of Agriculture forecast that farmers will face a drop in profit for the third straight year as persistent surpluses depress crop and livestock prices.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.