Trimble Agriculture

FEBRUARY 19, 2024

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. Contact us today.

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Net Farm Income Farming Farming Finance 59

Agricultural Economics Insights

JANUARY 21, 2024

The first graph – from U.S.D.A – shows how net farm income has had two periods of very strong farm profitability during the last 20 years. agriculture has experienced the strongest income period since World War II, which is a fundamental reason for higher land prices today. Figure 1 – U.S.

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Trimble Agriculture

JULY 5, 2023

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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Farming Farming Finance Net Farm Income 98

Todays Farmer Magazine

APRIL 30, 2024

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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Net Farm Income Farming Farming Poultry 52

Trimble Agriculture

NOVEMBER 22, 2023

As COVID-era funding runs out and input costs continue to rise, farm income is expected to fall 22 percent in 2023. Even so, it’s important to understand that farm liquidity remains strong and net farm income will still remain well above the 10-year average. billion to $140.4

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Farmland Marketing Net Farm Income Real Estate 69

Trimble Agriculture

AUGUST 7, 2024

According to the latest USDA data, net farm income is forecast to fall 27 percent in 2024. In times of economic contraction, AgAmerica understands that access to the right financial resources is crucial for maintaining and growing your farm or ranch into a booming agricultural operation. Click the link below.

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Finance Net Farm Income Marketing Farming 59

Trimble Agriculture

JANUARY 15, 2025

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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Farming Farming Net Farm Income Marketing 59