income

USDA's latest numbers show farmers might see more cash in hand, yet overall income tells a different story. USDA economist Carrie Litkowski breaks it down.

CHS released results for its first quarter which ended on November 30th.  The company reported a quarterly income of $782.6 million compared to $452 million in the first quarter of fiscal year 2022. First-quarter highlights from this year include revenues of $12.8 bi...

A Farm Journal report says some consumers may still look at grocery store prices and think farmers are making a lot of money off the commodities they produce.  A USDA report says for every dollar that consumers spend on food, farmers and ranchers get approximately 17.4 ce...

The USDA’s Economic Research Service has released the results of a study that focuses on income in rural areas.   One discovery of the research, according to Economist Alexander Marre, is that those in urban areas generally make more money than people in rural areas.   “...

As commodity prices fall, one of the first places farmers cut costs is purchasing new equipment.  A February report from Rabobank anticipates commodity prices will stabilize to near break-even levels.  By 2017, they say the crop cycle should swing upward, and that will lead to a return of equipment purchasing.  Raboban...

A new report by CoBank says oversupply and lower exports will continue to plague the U.S. agricultural industry for the remainder of 2016.  The new Quarterly Rural Economic Review suggests those factors will result in a further, but modest decline in farm revenue for 2016.  Th...

A report by the University of Missouri predicts more pressure on farm finances over the next several years.  The University released the Food and Agricultural Policy Research Institute baseline report Thursday.   The report said lower commodity prices have produced a sharp decline in net farm income, and continued pressure is likely.  Net far...