Friday, Apr 18, 2014
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AYHSMB - Firefighters and Bus Drivers contracts to go to City Council - Quincy, IL News - QuincyJournal.com
Really? HuhWhy, is it a big loss? My guess he is leaving before his job is consolidated with another position, and he will actually have something to do for eight hours each day. Good grief. What does it take to do that job?
yesqcy - Voter rights, crime victim rights amendments set for fall ballot so far - Quincy, IL News - QuincyJo
Before you answer that we all know the answer is no. But that's where us collectively are failing and the politicians are laughing all the way to the bank. Its hard to find the honest ones, but believe it or not they exist. But too many of us aren't open minded enough to give credit across the isle. Wake up people!
yesqcy - Voter rights, crime victim rights amendments set for fall ballot so far - Quincy, IL News - QuincyJo
Oh, I guess since it wasn't mentioned in your comment, 100% of your numbers all voted one particular party too right? I'll assume they all pulled the D handle?
yesqcy - Voter rights, crime victim rights amendments set for fall ballot so far - Quincy, IL News - QuincyJo
At least Illinos doesn't lead the country in everything!
yesqcy - Firefighters and Bus Drivers contracts to go to City Council - Quincy, IL News - QuincyJournal.com
Wow that's the second big vote that one of Moores men were absent. That contact may not have passed otherwise. Well, I guess if Moore voted affirmative so would have Hobrook. At least they get paid for not being there to make the tough decisions and vote.

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Farm income highest since 1973

4 months, 2 weeks ago by agprofessional.com

Expenses also topping out

From by agprofessional.com:

The USDA forecast 2013 net farm income to be highest since 1973, but debt is also forecast to increase.

According to the latest “Farm Sector Income” report released on Tuesday, the USDA forecasts net farm income to top $131 billion in 2013, up 15 percent from 2012.  This comes as substantial year-end crop inventories are expected as a result of a record corn harvest.

Total expenses are also expected to climb by $10.9 billion to $352 billion. Production expenses are forecast to be the highest on record.  

Meanwhile, the USDA projects debt to increase in 2013, primarily due to farm real estate debt. Farm real estate debt is forecast at $180.2 billion, putting it 4.2 percent above 2012’s estimates. Non-real estate debt is expected to increase by 2 percent from last year.

“Over the past few years, the amount of operating capital needed for most farming enterprises has risen dramatically, along with production expenses and capital (machinery and equipment) purchases.  Much of the rise in the need for operating capital is a result of the rise in input prices. Continuing price level increases have led to the average size of both production and operational loans increasing in most areas of the country,” the USDA said in the report.

Assets and equity also were forecast to increase this year, helping to push the debt-to-asset and debt-to-equity ratios to historic lows.

The USDA sees farmland values continuing to increase, given the relative strength of commodity prices, accommodating interest rates, and expectations of continued favorable net returns both from the market and from government programs, including crop insurance.

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