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

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. billion in 2024.

Net Farm Income 59

Net Farm Income Farming Farming Finance 59

Daily Yonder

MARCH 14, 2024

A long awaited rule that changes which meat and poultry goods can bear the label “Product of U.S.A.” farmers and ranchers, agriculture experts predict. “We Announced March 11 by Secretary of Agriculture Tom Vilsack, the new rule will require that “Product of U.S.A.” From 2022 to 2023, net farm incomes dropped by $41.8

Net Farm Income 121

Net Farm Income Poultry Production Marketing 121

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

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.

Net Farm Income 52

Net Farm Income Farming Farming Poultry 52

Trimble Agriculture

SEPTEMBER 20, 2023

In 2022, landowners experienced record high farm income, with net farm income reaching $183 billion. Net Farm Income and Cash Farmer Income, Inflation Adjusted (billion dollars) Note: F = forecast. Livestock and Poultry: +17.9% percent in 2023 after accounting for inflation.

Farming 105

Farming Farming Net Farm Income Poultry 105

Todays Farmer Magazine

APRIL 28, 2023

Marc Rosenbohm, senior research associate with the University of Missouri’s Food & Agricultural Policy Research Institute, discusses the crop outlook during the 2023 Abner Womack Missouri Agriculture Outlook Conference on April 12 in Columbia. Cattle, hog, poultry and milk prices all increased in 2022.

Net Farm Income 52

Net Farm Income Real Estate Supply Chain Crop 52