U.S. plantation income seen along 17.2 per-cent in 2016 at seven-year low: USDA


A worker empties corn kernels from a feed bin at DeLong Enterprise in Minooka, Illinois, June 24, 2016. REUTERS/Jim Young

(Reuters) – U.Ersus. net farm wages are expected to drop for your third consecutive year or so in 2016, sinking Seventeen-year-old.2 percent that will $66.9 billion, the minimum level since 2016, the Anyone.S. Department with Agriculture said in Wednesday.

The updated predict from the agency’s Monetary Research Service was down from its Aug forecast of $71.Several billion and straight down 46 percent via record profits for your sector of $123.7 billion in 2016.

(Confirming by Karl Plume in Dallas; Editing by Chizu Nomiyama)

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