Farm Income Expected to Rise

Farm income should improve in some Midwestern and Western states during the second quarter because livestock businesses will benefit from lower feed costs, the Federal Reserve Bank of Kansas City said in a recent statement.

Farm income should improve in some Midwestern and Western states during the second quarter because livestock businesses will benefit from lower feed costs, the Federal Reserve Bank of Kansas City said in a recent statement.

The Fed's survey of banks in the 10th Federal Reserve District found that total farm income fell slightly in the first quarter as crop prices declined.

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