Todays Farmer Magazine

APRIL 28, 2023

Unfavorable weather, the Russian invasion of Ukraine, avian influenza and a host of other factors resulted in high commodity prices, high farm production costs and high consumer food price inflation in 2022. Higher fertilizer, fuel and feed costs contributed to a sharp increase in farm production expenses in 2022.

Net Farm Income 52

Net Farm Income Real Estate Supply Chain Crop 52

Trimble Agriculture

JULY 5, 2023

The USDA expects a decrease in farm sector profits this year. Net farm income is forecast at $136.9 Lower Input Costs Input costs differ from overhead costs as they are expenses directly associated with the production of commodities. billion—a decrease of nearly 16 percent compared to last year.

Farming 98

Farming Farming Finance Net Farm Income 98

Agricultural Economics Insights

FEBRUARY 18, 2024

net farm incomes – 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.

Farming 62

Farming Farming Net Farm Income Farmland 62

Trimble Agriculture

SEPTEMBER 11, 2024

Key Takeaways from the 2024 Farm Income Forecast Net farm income decreased by 19.5 In fact, this was an upward revision from February’s farm income forecast, which predicted a $39.8 billion decline in farm income in 2024—a drop of more than 25 percent. billion (4.4

Farming 59

Farming Farming Net Farm Income Finance 59

ProAg

SEPTEMBER 12, 2023

However, the $42 billion decline in net income will not only be the largest on record in nominal terms but will set the stage for even lower income in 2024. Increased production and ongoing high inputs costs amidst weakening crop and livestock prices will create an economic pressure cooker. Cash receipts for U.S.

Farming 59

Farming Farming Poultry Livestock 59

National Sustainable Agriculture Coalition

MAY 10, 2024

They help farmers and ranchers keep drinking water clean for our urban and rural communities, build soil resilience and limit the impacts of severe drought and flooding, provide healthy habitats for wildlife, mitigate agriculture’s greenhouse gas (GHG) emissions, and support farm operations that are productive and sustainable long-term.

Ruralism 110

Ruralism Food Farming Farming 110

Agwired

FEBRUARY 9, 2024

consumers are paying more for chocolate products as confection manufacturers raise prices in response to the soaring cost of cocoa. Farmers can expect the largest recorded year-to-year dollar drop in net farm income in 2024. American Farm Bureau Federation economists analyzed the latest USDA data in a Market Intel.

Net Farm Income 45

Net Farm Income Manufacturing Crop Pruning 45