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 100

Net Farm Income Farming Farming Cattle 100

Western FarmPress

DECEMBER 16, 2024

Ag Marketing IQ: Regardless of whether the Fed lowers interest rates, global production and tariff turmoil spill numbers that drive down net farm income by another $1 billion.

Net Farm Income 52

Net Farm Income Grain Marketing Production 52

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

Agricultural Economics Insights

JANUARY 21, 2024

The first graph – from U.S.D.A – shows how net farm income has had two periods of very strong farm profitability during the last 20 years. agriculture has experienced the strongest income period since World War II, which is a fundamental reason for higher land prices today. Figure 1 – U.S.

Net Farm Income 67

Net Farm Income Farmland Farming Farming 67

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.

Farming 130

Farming Farming Net Farm Income Agriculture 130

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