KY farm cash receipts exceed $5B

The big news out of the Kentucky Farm Bureau meeting last week is that farm cash receipts are likely to exceed $5 billion for the first time, up from $4.4 billion in 2010.  With improvement in returns in corn, soybeans, wheat, cattle, horses, hogs and dairy, net farm income is expected to rebound back above $1 billion in 2011, compared to $780 million in 2010.

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