Trimble Agriculture

FEBRUARY 12, 2025

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.

Net Farm Income 100

Net Farm Income Farming Farming Cattle 100

Trimble Agriculture

JANUARY 17, 2024

Lower agricultural commodity prices are contributing to a decline in net farm income in 2024. Agriculture commodity prices are on the decline —with a three percent decrease forecasted in 2023. In 2024, net farm income is predicted to follow a similar pattern of decline. “I Agriculture.

Marketing 104

Marketing Net Farm Income Agriculture Agriculture 104

NASDA

SEPTEMBER 28, 2023

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.

Farming 130

Farming Farming Net Farm Income Agriculture 130

NASDA

SEPTEMBER 10, 2024

Given the enormous challenges facing production agriculture – including a farm economy that has taken a downward spiral – it is imperative Congress act before year’s end to strengthen farm policy for America’s farmers. Farmers are struggling, and the decline in the farm economy is real. Department of Agriculture (USDA).

Farming 130

Farming Farming Grain Supply Chain 130

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.

Net Farm Income 67

Net Farm Income Farmland Farming Farming 67

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.

Farming 98

Farming Farming Finance Net Farm Income 98

Trimble Agriculture

SEPTEMBER 11, 2024

The September 2024 farm income report presents a mixed outlook, revealing key trends that are affecting the agricultural sector and giving insight into how these trends could impact farm income in the year to come. Key Takeaways from the 2024 Farm Income Forecast Net farm income decreased by 19.5

Farming 59

Farming Farming Net Farm Income Finance 59