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

NASDA

SEPTEMBER 10, 2024

Throughout the life of the current farm bill, producers across the country have experienced powerful headwinds, ranging from extreme weather to high input costs to uncertain global demand to supply chain disruptions. Farmers are struggling, and the decline in the farm economy is real. Estimated 2024 net farm income for U.S.

Farming 130

Farming Farming Grain Supply Chain 130

Trimble Agriculture

JULY 5, 2023

The USDA expects a decrease in farm sector profits this year. Net farm income is forecast at $136.9 For example, grain operators may find post-harvest as the most accurate time, while cow-calf operations may choose when calves are born. billion—a decrease of nearly 16 percent compared to last year.

Farming 98

Farming Farming Finance Net Farm Income 98

Trimble Agriculture

SEPTEMBER 11, 2024

Key Takeaways from the 2024 Farm Income Forecast Net farm income decreased by 19.5 Look for ways to diversify your income sources, such as exploring new crops, livestock, or agribusiness ventures. percent from 2022 to 2023, falling from a record-high of $182 billion to $146.5 billion (4.4

Farming 59

Farming Farming Net Farm Income Finance 59

National Sustainable Agriculture Coalition

MAY 10, 2024

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.

Ruralism 110

Ruralism Food Farming Farming 110

Agricultural Economics Insights

DECEMBER 17, 2023

June Acreage Surprise Perhaps the biggest story in the grain market was the June acreage report, which revealed the low soybean/corn price ratio in late 2022 did its job of motivating producers to plant corn. The realities of this trend will likely impact supermarket prices and livestock markets for a few years. 2018 was 5.2

Agriculture 122

Agriculture Agriculture Farmland Yield 122