United States Agribusiness Report Q1 2014: New Research Report Available at Fast Market Research
BMI View: By some measures, the US farm sector is in the best financial conditions in decades. Farm and cash income in real terms are near 30-year highs, while financial leverage is at 50-year lows. The sector is also recovering from the droughts of 2012, although the grain sector should rebound faster than the livestock sector. However, the sector still faces concerns: Beef production will stagnate over the medium term, while we are forecasting a significant decline in cotton production...
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