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Proceeds From Crop Sales Down in 1986 Outlook
Washington AP reports rising government payments to farmers while cash marketings of crops and livestock drop to a seven year low. 1986 cash receipts may total 130 to 134 billion dollars, down from 140 to 142 billion last year, with crop marketings at 59 to 63 billion and livestock receipts 68 to 72 billion. Deficiency payments could comprise as much as three quarters of projected 10 billion to 13 billion in direct government support.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Department
Economic Research Service