Mark Mills is taking part in a program where new farmers use part of Montgomery County's agricultural reserve to start a farm in Poolsville, Maryland.
Michael S. Williamson/The Washington Post/Getty

Business Latest: Growing young farmers

 

GROWING YOUNG FARMERS: The number of farms in the U.S. declined by 4% between 2007 and 2012. Coupled with the fact that here are six times more farmers 65 and older than there are farmers 34 and under, the U.S. faces a possible farmer shortage. But several states are reaching out to “grow” a new generation of farmers with tax breaks and financial incentives. Will this work? Read more

DETROIT BANKRUPTCY SETTLEMENT: A federal judge’s approval of Detroit’s settlement with two banks marks a turning point in the city’s reorganization. Read more

HOW RUSSIA SPAT IS IMPACTING OIL FORECASTS: The fallout from the diplomatic dispute between Russia and neighboring Ukraine will continue to affect the oil price for months, according to the International Energy Agency. Read more

U.S. STOCKS DROP; NASDAQ’S FIRST CLOSE UNDER 4,000 SINCE FEBRUARY: Read more

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Business Latest: Growing young farmers