Drought To Blame For Farm Income Decline

Missouri’s net farm income is projected to drop 18-percent this year to three-point-six-billion-dollars, according to the Spring 2024 Missouri Farm Income Outlook. Scott Brown, interim director of the University of Missouri’s Rural and Farm Finance Policy Analysis Center tells Missourinet that drought has played a major impact…

The extreme heat and drought conditions also led to the slaughter of non-pregnant cows last summer due to poor crop and hay conditions. Governor Mike Parson has extended Missouri’s drought alert to September