Incomes are expected to fall by $41.7 billion from last year but continue to be much higher than the 2003-22 average
The U.S. Department of Agriculture is forecasting the sharpest decline in farm income in the history of that country. U.S. net farm income is forecast at US$141.3 billion in 2023, a $41.7 billion drop from 2022 levels. However, that will still be one of the best years on record and well above the 2003-22 average. […] Read moreTag Archives U.S. net farm income
U.S. farm income takes a hit but remains strong
Incomes are expected to fall by $41.7 billion from last year but continue to be much higher than the 2003-22 average
The U.S. Department of Agriculture is forecasting the sharpest decline in farm income in the history of that country. U.S. net farm income is forecast at US$141.3 billion in 2023, a $41.7 billion drop from 2022 levels. However, that will still be one of the best years on record and well above the 2003-22 average. […] Read more
