Income

By Danny Munch – AFBF Economist USDA’s December 2024 farm income forecast confirms just how tough a year it’s been for American agriculture, with slightly revised projections offering little relief …

Recently released USDA projections reveal expectations for U.S. crop prices to decrease over the next 10 years while prices for major animal products, except hogs, are forecast to increase. Expected …

U.S. net farm income is now forecast at $92.5 billion for 2019, up $8.5 billion (10.2%) from the 2018 level, according to USDA’s November 2019 Farm Income Forecast. In inflation-adjusted …