Net U.S. farm income will drop 38% this year to $55.9 billion, the lowest level in more than a decade, reflecting depressed crop prices and softening dairy and hog markets, federal forecasters said Tuesday.

Topics:  net u.s   year   farm income   
BING NEWS:
  • Deere forecasts weak annual profit as farm incomes sag
    Deere & Co forecast lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment. A ...
    11/21/2024 - 12:09 am | View Link
  • Deere's profit beat overshadows tepid 2025 outlook, shares rise
    A decline in farm incomes, high interest rates and an uncertain economy have compelled farmers to reassess large expenses on agricultural machinery and forced dealers to limit inventory restocking. U.
    11/20/2024 - 10:21 pm | View Link
  • 2025 farm income expectations are low
    An Ohio State University professor says budgets won’t get easier for farmers in 2025. Farm Income Enhancement Chair Ani Katchova says income in 2024 is expected to be down by 4%. “It’s coming off last ...
    11/20/2024 - 12:23 pm | View Link
  • Iowa Farm Bureau: Ripples of agriculture downturn could result in five-figure job cuts
    This year’s farm income is projected to decline 4.4% from 2023's, the U.S. Department of Agriculture said in September. That follows a year-over-year drop of 19.5% from 2022 to 2023, the USDA reported ...
    11/18/2024 - 11:29 pm | View Link
  • Farm business income drops in 2023/24 after lower output and prices
    Farm Business Income (FBI) in England has significantly declined in 2023/24, with average incomes falling across most farm types ...
    11/18/2024 - 12:17 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News