"Bankers expected farm income to weaken over the next quarter. Wheat prices fell in the first quarter, which could keep farm income in the District subdued through this year’s spring harvest. Futures markets also suggest that corn and soybean prices may drop if normal weather patterns return, boosting U.S. crop supplies," he says. "Lower crop prices, however, could eventually lead to improved profit margins in the livestock and ethanol sectors. Still, despite the potential for falling prices, crop insurance prices for corn and soybeans were set at levels that should ensure strong income for many crop producers in 2013."