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Credit demand rises in U.S. farm economy as incomes fall

Demand for bank loans, loan extensions and renewals is surging among U.S. farmers, and farm incomes are forecast to fall for a third year, as grain and livestock prices remain stubbornly low, according to reports from Federal Reserve Banks on Thursday.

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Westphalen: Weaner breakevens still climbing

Looking at hog sales in August 2016 using August 2016, futures the weaner breakeven was $64.63, up $3.30 for the week. Feed costs were down $0.98 per head.

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