Remove Cattle Remove Fertilizer Remove Net Farm Income
article thumbnail

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.

article thumbnail

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. There are several ways you can do this.

Farming 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FAPRI outlook shows downward shifts in farm income, commodity prices

Todays Farmer Magazine

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.

article thumbnail

FAPRI forecasts falling prices for producers

Todays Farmer Magazine

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. Crop insurance accounts for 45% of projected spending on major farm-related programs over the next decade. in 2023 and under 2% in 2024.