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Agriculture Boom Continued 2013

Author

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  • Gary S. Corner

Abstract

U.S. agriculture has been booming in recent years with record farm incomes and double-digit percentage increases in cropland prices. However, farm income projections suggest a flattening, if not a reversal, of these trends. 2013 may prove to be a peak year, as analysts expect the agriculture sector to experience lower commodity prices, normal crop production and lower farm income over the next several years.

Suggested Citation

  • Gary S. Corner, 2013. "Agriculture Boom Continued 2013," Central Banker, Federal Reserve Bank of St. Louis, issue Winter.
    • Handle: RePEc:fip:fedlcb:00011
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