net farm income

ERS is forecasting inflation-adjusted U.S. net cash farm income, better known as gross cash income minus cash expenses, to increase by $30.6 billion from 2024 to $193.7 billion in 2025.  U.S. net farm income, a broader measure of farm sector profitability, is forecast to increase by $37.7 billion...

Net farm income, a broad measure of profits, is forecast at $149.7 billion in calendar year 2024, down by $6 billion, or 4.1%, relative to 2023.  Inflation-adjusted farm income is forecast to drop by $9.5 billion, which comes out to 6.3%.  Desp...

USDA's National Ag Statistics Service released the Cattle report showing a 2% decline in U.S. cattle inventory.

ERS released the February Farm Income Forecast this week.  Net farm income, a broad measure of profits, is forecast at $136.9 billion for the year ahead, a decrease of $25.9 billion, or 15.9%, when compared to 2022.  After adjusting for inflation, net farm income is forecast to decrease $30.5 billion, or 18.2%...

Last week, ERS released its September 2022 Farm Income Forecast.  American Farm Bureau Federation Economist Bernt Nelson said USDA revised farm income to be higher with net farm income up by $7.3 billion, a 5.2% year-over-year increase.  While e...

2020 was a record year for Idaho farmers when it comes to net farm income. Idaho Farm Bureau Federation’s Sean Ellis said the numbers wouldn't normally indicate a record year, as total expenses went up considerably last year while total farm gate revenue stayed the same. “ ...

The Department of Agriculture's Economic Research service projections for farm profits are mixed through 2030. USDA ERS provides forecasts for net cash farm income and net farm income, two major profitability indicators of the agricultural sector ...

The USDA is forecasting net farm income to decrease $9.8 billion, or 8.1% in 2021, to $11.4 billion. The decline is largely driven by less expected government assistance to producers. In inflation-adjusted 2021 dollars, net farm income is forecast to decrease $12 billion in 2021 after increasing $37 ...

While challenging for individual commodities from time to time, 2020 continued a trend of solid farm economic growth in Idaho. Ben Eborn, Extension Ag Economist with the University of Idaho says farm GDP has grown at twice the rate of the state’s GDP. He ...

With the end of 2020, farmers net income is expected to be up almost $120 billion dollars. A year over year increase of $36 billion. But, the news isn't all good. "I think it's clear that 2021 is going to see a much lower farm income than 2020," said USDA Chief Economist, Robb Johannson ...