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 102

Net Farm Income Farming Farming Cattle 102

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. If the market price falls to $1.30

Farming 59

Farming Farming Net Farm Income Marketing 59

Trimble Agriculture

JANUARY 17, 2024

Lower agricultural commodity prices are contributing to a decline in net farm income in 2024. This, combined with higher input costs, fewer government payments, and rising interest rates, is leading to a drop in net farm income. In 2024, net farm income is predicted to follow a similar pattern of decline.

Marketing 104

Marketing Net Farm Income Agriculture Agriculture 104

Daily Yonder

MARCH 14, 2024

label stripped America’s cattle producers of a vital opportunity to market their USA beef while denying consumers the opportunity to support them,” said Joe Maxwell, co-founder of the advocacy group Farm Action and long-time farmer, in a press release. From 2022 to 2023, net farm incomes dropped by $41.8

Net Farm Income 121

Net Farm Income Poultry Production Marketing 121

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.

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. But in 2023, that number is predicted to fall 22 percent. percent from 2022.

Farming 105

Farming Farming Net Farm Income Poultry 105

Todays Farmer Magazine

APRIL 28, 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. Federal spending on farm-related programs was above the historical norm between 2019 and 2022, largely because of short-term, ad hoc programs.

Net Farm Income 52

Net Farm Income Real Estate Supply Chain Crop 52