USDA’s Economic Research Service updated its farm profitability projections for 2019 on March 6. It reported net farm income, a broad measure of profits, is forecast to increase $6.3 billion (10%) from 2018 to $69.4 billion in 2019, after decreasing $12.billion (16%) in 2018. Net cash farm income is forecast to increase $4.3 billion (4.7%) to $95.7 billion.
In inflation-adjusted 2019 dollars, net farm income is forecast to increase $5.2 billion (8.1%) and net cash…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
