USDA is projecting that net farm income will increase sharply this year, largely due to an infusion of $31 billion in disaster aid and market relief assistance provided by Congress in December. Net ...
The Agriculture Department is lowering its forecast for farm earnings in 2025 as declines in the crop sector more than offset soaring incomes for cattle producers. Net cash farm income, a measure of ...
CHICAGO, Feb. 7 (Reuters) — U.S. farm incomes are forecast to fall sharply for a second consecutive year, as direct government payments shrink, production costs surge and growing supplies of grains ...
Farmers have felt the crunch of higher expenses and lower farm-gate prices in the past year, and a study affirms those views. Scott Brown, an Extension associate professor at the University of ...
USDA’s initial forecast calls for net farm income to plunge $39.8 million (25.5%) to $116.1 billion in 2024. This follows a decrease of $29.7 billion (16.0%) from to $155.9 billion in 2023. After ...
The cattle markets have been having a record year in 2023, but U.S. net farm income and net cash is projected to sharply decline. While production costs have remained the same, commodity prices have ...