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Nebraska Ag on the Rebound

Nebraska Ag on the Rebound

Photo: WNAX


A University of Nebraska-Lincoln economist forecasts a strong outlook for the agricultural economy, though he says farmers might have to endure another down year.
Eric Thompson says farm income has dropped with the drop of crop prices from their record highs of 2011 and 2013. But, Thompson expects prices to become stable, paving the way for a strong agricultural sector. . .

Thompson says those prices have settled to sustainable levels. . .

Thompson says crop and livestock production should remain profitable in the long-run, which is good for a state economy so dependent on agriculture.

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