A farm income statement (sometimes called a farm profit and loss statement) is a summary of income and expenses that occurred during a specified accounting period.

USDA estimates net cash farm income will be 3.5% lower this year at $158.8 billion. We use cookies to provide you with a ... John Boozman of Arkansas, said in a joint statement. ...

“Net farm income, a key measure of profitability, is forecast at $140 billion for 2024, marking a $6.5 billion decline (4.4%) from 2023, following a sharp 19.5% drop from 2022 to 2023.

Farm income politics: Agriculture Secretary Tom Vilsack noted in a statement that the new forecast indicates farm income will have beaten the 20-year average for four straight years. Those four ...

World farm machinery leader Deere & Co. said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery. The Illinois-based ...

Our members across the nation have been clear in calling for a new farm bill in 2024 that helps farmers hold on after farm income dropped 30% in two years. The hardworking women and men who grow the ...

The new numbers show net cash farm income for the 2024 calendar year will fall $12 billion, which is about 7% down from 2023, and net farm income will fall $6.5 billion or 4.4%.

TOPEKA — Kansas farm income in 2025 is expected to be among the strongest in the last 20 years, bolstered by $2 billion in ...

Net farm income is now forecast at $140 billion, ... In a statement, U.S. Agriculture Secretary Tom Vilsack acknowledged farm profits "remain a challenge" despite lower production costs.

Farm Bureau President Zippy Duvall said in a statement that the declining farm income highlights Congress' need to hammer out a new farm bill that provides farmers with an income safety net and ...

Nebraska net farm income is forecast to increase 55% in 2025, to a record $9.42 billion, according to new projections from the University of Nebraska–Lincoln and the University of Missouri.