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U.S. Farm Income Projected to Reach $120.6B in 2013

U.S. Farm Income Projected to Reach $120.6B in 2013

By Amanda Brodhagen, Farms.com

The U.S. Department of Agriculture (USDA) expects this year’s farm income to surpass 2011’s record of $118 billion.

American farmers could earn about $120.6 billion net income in 2012, the agency said. The USDA had initially forecasted in Feb. farm income could reach $128.2 billion but lowered its estimates to reflect lower corn prices.

While farm incomes are expected to increase, the agency said farmers and ranchers are also expected to see higher input costs. Farm expenses are predicted to jump $13.1 billion to $354.2 billion. The USDA will update its farm income estimate for 2013 again on Nov. 26.
 


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Dr. Emerson Nafziger: Nitrogen Fertilizer Rates for Corn

Video: Dr. Emerson Nafziger: Nitrogen Fertilizer Rates for Corn

The Crop Science Podcast Show, Dr. Emerson Nafziger from the University of Illinois breaks down decades of nitrogen research. From the evolution of N rate guidelines to how soil health and hybrid genetics influence nitrogen use efficiency, this conversation unpacks the science behind smarter fertilization. Improving how we set nitrogen fertilizer rates for rainfed corn is a key focus. Discover why the MRTN model matters more than ever, and how shifting mindsets and better data can boost yields and environmental outcomes. Tune in now on all major platforms!

"The nitrogen that comes from soil mineralization is the first nitrogen the plant sees, and its role is underestimated."

Meet the guest:

Dr. Emerson Nafziger is Professor Emeritus of Crop Sciences at the University of Illinois at Urbana-Champaign, with degrees in agronomy from Ohio State, Purdue, and Illinois. His research has focused on nitrogen rate strategies and crop productivity. He co-developed the Maximum Return to Nitrogen (MRTN) model, which is widely used across the Midwest. His research spans N response trials, hybrid interactions, crop rotation effects, and yield stability.