MTPR

Trans Pacific Partnership

U.S. Agriculture Secretary Sonny Perdue
PD

U.S. Agriculture Secretary Sonny Perdue told Congress this week that American farmers are facing plenty of challenges and deep uncertainty.

“Our farm economy is down by about a 50-percent drop in net income from where it was in 2013 as you all were contemplating the ’14 Farm Bill" Perdue says. "We’ve got several members who – particularly younger farmers – have levered up in this situation where their revenue is not supporting their debt structure and they’re in some dire straits.”