Crop Grain Net Farm Income 
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.
NASDA
SEPTEMBER 28, 2023
As a result of persistently high input costs and rapidly declining commodity and food crop prices, the USDA now projects that this year’s drop in both net farm income and net cash income will be the largest decline of all time, down $42 billion and $54 billion, respectively.
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NASDA
SEPTEMBER 10, 2024
It is critical that Congress pass a new farm bill that strengthens the safety net as many producers are facing multiple years of not being profitable and this is causing their overall financial situation to deteriorate. Some will have challenges as they seek operating credit for the 2025 crop year. USDA forecasts the U.S.
Trimble Agriculture
JULY 5, 2023
The USDA expects a decrease in farm sector profits this year. Net farm income is forecast at $136.9 The funds allowed them to invest in crop diversification, drip irrigation systems, and precision ag technology during a drought. Create An Estate Plan Creating an estate plan is essential for farm continuity.
Trimble Agriculture
SEPTEMBER 11, 2024
Key Takeaways from the 2024 Farm Income Forecast Net farm income decreased by 19.5 Anticipate Economic Shifts With the 2024 election potentially shaping economic policies, it’s crucial to prepare for tighter margins—particularly in crop sectors. In 2024, it is projected to fall $6.5 billion (4.4
Agwired
MARCH 22, 2024
Star Hill Farm, where Maker’s Mark bourbon is crafted, is the world’s first distillery to achieve Regenified Tier 2 certification and has pledged its grain to be sourced from Regenified certified farms by 2025. This special event was in partnership with @kisstheground and @makersmark.
National Sustainable Agriculture Coalition
MAY 10, 2024
improving irrigation efficiency, restoring pasture, cover cropping, or nutrient and pest management). Payments for conservation improvements and activities include income forgone, as well as costs associated with planning, design, materials, equipment, installation, labor, management, maintenance, and training. 7201, 7202, 7203).
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