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Farm Income Outlook for 2025 

Trimble Agriculture

Farm income is expected to take a turn in 2025, after two years of consecutive decline. agricultural economy faced financial headwinds in 2024, but new USDA farm income projections indicate that net farm income will increase in 2025, largely due to the substantial rise in government payments.

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Farm Income News: Net Farm Income Falls Below the 10-Year Average 

Trimble Agriculture

This is the largest year-over-year decline in income the agriculture sector has ever seen. If realized, net farm income would fall to $116.1 In this article, we’ll dig into what factors are influencing farm income in 2024 and what farmers can do to weather it. billion in 2024. billion in 2024.

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Protect Your Farm with Integrated Risk Management 

Trimble Agriculture

In 2025, net farm income is expected to decline , continuing a softening trend after record highs in 2022. Farm debt levels are projected to rise due to increased borrowing and high interest rates, though asset appreciation has kept debt-to-asset ratios relatively low. Agriculture.

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Letter Urging Congress to Pass a Bipartisan Farm Bill in 2023

NASDA

We urge Congress to find a bipartisan path forward that avoids a government shutdown, addresses FY 2024 government funding, and moves to consider the farm bill without additional delay. All Americans depend on the success of American agriculture, and managing risk on the farm is critical to this success.

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Eight Challenges for U.S. Agriculture in 2024 and How to Mitigate Them 

Trimble Agriculture

Strong liquidity is helping farmers overcome challenges in agriculture—but risk remains. In 2023, inflation-adjusted net farm income is forecasted to decline 20 percent, falling from several years of record highs. Net farm income is nearing the five-year average. Interest rates are increasing.

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FAPRI outlook shows downward shifts in farm income, commodity prices

Todays Farmer Magazine

The Food and Agricultural Policy Research Institute at the University of Missouri celebrates its 40th year in 2024, but there wasn’t much celebratory news in FAPRI’s latest baseline projections. The report was released in March and summarized at the Abner Womack Missouri Agriculture Outlook Conference on April 3 in Columbia.

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Five Ways To Increase Farm Profitability 

Trimble Agriculture

The USDA expects a decrease in farm sector profits this year. Net farm income is forecast at $136.9 As cash receipts for commodities tick down and direct government payments fall, many operators are looking for ways to reduce costs and increase farm profitability.

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