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Farm income

Farmers are making less money this year as ag economy normalizes

by Will Bauer
Oct 30, 2024
Crop prices have dropped after supply shortages stoked profits. Farmers and equipment makers are cutting costs, but livestock is doing well.
A combine harvester at work in Illinois farmer Nick Koeller's cornfield. He hasn't been investing in major equipment upgrades, he says.
Sophie Proe/St. Louis Public Radio
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