Biofuel Cattle Fertilizer Net Farm Income 
Todays Farmer Magazine
APRIL 30, 2024
FAPRI’s report shows prices for many farm commodities have fallen sharply from 2022 peaks and will likely decline further for crops harvested in 2024 and beyond. As a result, net farm income is expected to hit the lowest level since 2020. Hog, poultry and milk prices all declined in 2023 as demand weakened.
Todays Farmer Magazine
APRIL 28, 2023
The outlook summarizes baseline projections for agricultural and biofuel markets using information available in January 2023. Higher fertilizer, fuel and feed costs contributed to a sharp increase in farm production expenses in 2022. Cattle, hog, poultry and milk prices all increased in 2022. in 2023 and under 2% in 2024.
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