Journal Article

Agriculture Boom Continued 2013

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.

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Central Banker

Publication Date: 2013

Issue: Winter

Order Number: 1