USDA Secretary Mike Johanns told the Kentucky Farm Bureau Thursday that with
Johanns reported that the ERS is projecting the lowest ever farm debt-to-asset ratio and that net cash income is expected to decrease from the past two years' record-high levels, but should remain above the 10-year average.
Agricultural is increasing by around 2% a year, while
Johanns brought up the WTO Doha round of trade talks, stressing the importance of considering trade with other countries in farm policy discussions.
"Exports are increasingly important," he said. "In