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The House and Senate farm bill negotiators meet formally for the first time this week with the expiration of the 2014 law less than a month away.

USDA today forecast net farm income for this year at $65.7 billion, up from a February projection but down $9.8 billion, or 13 percent, from 2017, when the broad measure of farmland profits increased nearly 23 percent.

The USDA has discovered that a cow in Florida was infected with bovine spongiform encephalopathy (BSE), more commonly known as mad cow disease, according to government and industry officials. A USDA spokesman confirmed that the Florida cow suffered the rare "atypical" type of BSE that is believed to develop randomly in cows.

There’s plenty for the U.S. agricultural sector to like in the U.S.-Mexico deal announced today, but the biggest win for farmers and ranchers is the agreement to continue the arrangement of zero tariffs on farm goods between the two neighboring countries.