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As expected, 2021 aggregate farm financials are going to look wildly different from 2020 in the pandemic era. USDA’s Economic Research Service released updated 2020 farm income forecasts and new 2021 income and financial projections earlier today. Projected 2021 net farm income will likely decline 8% from a year ago to $111.4 billion as reduced government aid programs send 2021 earnings estimates lower. USDA forecasts 2021 farm assistance payments at $25.3 billion – a 45% decline from 2020 aid levels and nearly 23% of 2021 net farm income.  “The largest contributor to lower net income ...

Soybeans, wheat claw back gains on international demand.

Souk it and see: a virtual guided shopping tour of Marrakech Lorna Parkes It is lunchtime in Marrakech, but the Djemaa el-Fna is so deserted it takes me a minute to recognise what is usually the medina’s social nexus. There are no snake charmers wielding pungi flutes, nor are there any henna artists on plastic stools fanning themselves with their pattern cards in the midday heat. Yet some things remain reassuringly familiar: the sky is blue, the Koutoubia mosque still cuts through the skyline, and my guide nearly gets run over by a motorbike within five minutes of introducin...