FB - PDA - News

Farm Bureau Launches Decision Aid Web Site
With farm income anticipated to be down nearly $15 billion in 2006 compared with 2005, the American Farm Bureau Federation has launched a new Web site to help farmers and ranchers make production decisions based on prevailing economic factors.
http://www.fb.org/news/nr/nr2006/nr0222.html

USDA Says Farm Income Will Decline 23 Percent
The U.S. Agriculture Department said it expects net farm income todrop 23% this year, in another sign that the economic boom across the U.S. farm belt is rapidly cooling.
http://www.fb.org/fbpdadocs/WSJFarmIncome.pdf

USDA Makes Fertilizer Estimator Tool Available Online
Agriculture Secretary Mike Johanns today announced the release of USDA's Energy Estimator for Nitrogen, a web-based awareness tool that farmers and ranchers can use to identify potential nitrogen cost savings associated with major crops and commercial nitrogen fertilizer applications.
http://www.usda.gov/wps/portal/usdahome?contentidonly=true&contentid=2006/02/0054.xml

2006 Farm Earnings Forecast to be $56.2 Billion
Net farm income is forecast to be $56.2 billion in 2006, down from 2005 by $16.4 billion but slightly above its 10-year average of $55.7 billion. The 2-year period 2004-2005 was one of unprecedented income creation for the U.S. farm sector, when both crop and livestock commodities experienced exceptionally favorable market and/or production conditions.
http://www.ers.usda.gov/Briefing/FarmIncome/nationalestimates.htm