net farm income

Despite lower commodity prices and the ongoing pandemic, farmers may end up with higher incomes this year. "Net farm income now is forecast at $102.7 billion dollars, up almost 23% from last year," said USDA Chief Economist, Rob Johannson ...

Earlier this week, USDA analysts released their first farm income forecast for 2020, and for net cash income.   “We're actually looking at about a 9% decrease down to $109.6 billion,” said senior USDA economist, Ashley Hungerford.   She added th...

The USDA released its August farm income forecast Friday.  And economists expect net farm income to come in at $88 billion, up 4.8% year over year.  USDA deputy chief Economist, Warren Preston says net cash farm income is also forecast to increase.   ...

The chief economist for the American Farm Bureau Federation says the worst threat to farmers currently is a general economic recession.  It’s because so many farmers have now become dependent on off-farm income to make ends meet and stay in operation.  Farm Bureau’s...

USDA expects farm income and farm asset values to fall this year, which could lead to additional farm debt.  Even though foreign cash receipts and government payments to farmers have been generally higher compared to last year, USDA Chief Economist Rob Johansson says that's not enough to offset rising expenses.  Be...

The USDA released its 2018 Farm Income Forecast Monday, and net cash income and net farm income are both expected to drop from 2017 figures.  USDA Chief Economist Rob Johannson said that decrease will be slightly less than what the USDA had projected back in August. ...

The bottom line for Oregon farmers looked a little better in 2015 according to a report by the USDA which showed a net farm income for the state to be $1.2 billion.   Oregon Department of Agriculture’s Jim Johnson said decreases in expenses were the key.   “...