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Farmincome is expected to take a turn in 2025, after two years of consecutive decline. agricultural economy faced financial headwinds in 2024, but new USDA farmincome projections indicate that netfarmincome will increase in 2025, largely due to the substantial rise in government payments.
netfarmincomes – which we broke down here – also updated estimates of farm financial conditions. From the balance sheet, a concerning trend is tumbling working capital across the farm sector. Looking ahead, limited working capital could pose a challenge if income fell sharply.
Excessive proposed cost-share payments for livestock feed management. Creates a 10% set-aside of EQIP funds for payments for practices implemented on small farms. Retargeting two-thirds of the 50 percent EQIP set-aside for livestock practices towards advanced grazing management. No language to prevent payment limitation abuse.
While ag exports will still benefit from rising Chinese incomes, India (formerly and perhaps soon-to-be known as Bharat ) may soon become the most populated country. Farmland Market Persists The farmland market maintained its footing in 2023 despite rising interest rates. The USDA confirms the smallest U.S.
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