Agricultural economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024. Lower commodity prices, along with the outlook for higher costs, continue to weigh on ...

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 ...

The year 2025 is seeing one of the highest spikes ever in both United States and Kansas net farm incomes. That’s mostly thanks to a combination of insurance payouts, high ad hoc government payments ...

In the recent farm income report, USDA estimated total U.S. net cash income for 2024 at $121.7 billion, which is a decrease of $38.7 billion or 24% from a year earlier. Farm businesses in all regions ...

High commodity prices have more than offset soaring input costs this year, pushing net farm income up 13.8% over 2021, USDA says in its latest forecast of farm earnings. The increase to $160.5 billion ...

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 to farmers, who are losing nearly ...

Idaho net farm income is projected to increase by 6% in 2025 to about $2.7 billion overall, boosted by high cattle prices and ...

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 ...

The University of Minnesota recently reported that the average net farm income for southern and west central Minnesota farmers in 2023 was $76,181, which was a sharp decline from the 2022 average net ...

USDA released its latest farm sector profit forecast on Thursday. According it’s estimates, farmers may fare better than previous years in many 2022 balance sheet boxes. Net income, a broad measure of ...