Idaho Ag Booming

Agweb.com reports rising costs in agriculture are expected to squeeze producers and that will cause further margin erosion and financial stress.” Good news from the Idaho statehouse. Idaho agriculture is soaring. That's the word from University of Idaho agricultural economist Dr. Garth Taylor. He told state lawmakers that cash receipts from crops and livestock will top eight point three billion dollars, the second highest year in state history. “We broke all time record highs in net farm income and were the second highest in the cash receipts ever recorded.” The U of I financial report says two factors led to the rise in cash receipts. Milk prices increased by a whopping 19 percent, while potato prices are up 15 percent.