date:Aug 16, 2012
ing the second quarter. At the beginning of the quarter, precipitation in the southern portions of the District led to a rebound in winter wheat production and farm incomes, he says. Yet, by the end of the quarter, intensifying drought conditions were cutting bankers expectations for farm income during the third quarter.
Despite these expectations, Henderson says many ag bankers responding to the survey said not all farmers will see income sink; many who have ample crop insurance and can still r