The U.S. farm sector is poised for a significant increase in net farm income in 2025, primarily driven by an unprecedented rise in government payments, despite a decline in overall farm revenues.
According to the USDA’s Economic Research Service, net farm income is forecast to reach $180.1 billion, up $41.0 billion from 2024, while net cash farm income is projected to hit $193.7 billion, reflecting a $34.5 billion increase.
By Jim Wiesemeyer
February 06, 2025
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