Art’s Way Manufacturing reported third quarter sales in its Agricultural Products segment, which dropped 46% year-over-year to $2.988 million vs. $5.53 million for the same period last year. In the first 9 months of the year, sales are down 32.1% to $11.78 million.

“In February of 2024, the U.S. Department of Agriculture reported a 25% expected decline in farm income levels for 2024 due to weaker row crop prices and expected increases in production expenses,”…