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prices increased from mid-1985 to mid-1987. These trends began reversing during the latter part of 1987, and are expected to continue throughout 1988. Therefore, Virginia’s farm economy will begin to witness a reversal in the livestock/crop cycle.
For 1988, price improvements are forecast for most major crops and this price strength and, hopefully, a return to normal yield trends plus 9 profitable beef sector are the basic underlying factors that should give a boost to farm income in 1988.
Livestock producers can expect to see feed prices increase about 4-6 percent in 1988.
These higher feed prices and lower prices for hogs and poultry are expected to move hogs and poultry away from a strong profit situation and into a more stable return, while some of these producers will ap
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