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Why USDA is Forecasting Higher Farmer Profits in 2020

September 3, 2020 | Posted in Data & Trends

On Sept. 2, USDA’s Economic Research Service (ERS) released its updated Farm Sector Income and Finances report and projected that farm profits would improve in 2020 relative to 2019. According to the ag agency, the improving bottom line for farmers will result from slightly higher crop receipts, lower production expenses and a hefty increase in government assistance.

Is There a Downside to Government Payments to Farmers?

May 15, 2020 | Posted in Analysis & Commentary

Last month USDA announced $16 billion in direct support to farmers and ranchers along with $3 billion of commodity purchases. While Ashish Gupta, analyst for Stephens Inc., sees a possible uptick in ag equipment sales as a result of direct payments, he also sees a downside to the payments.

2014 Government Payments Boosted Livestock Producer’s Bottom Line

March 23, 2015 | Posted in Farming Practices

ERS’s current farm income forecast for 2014 includes $4.4 billion in Livestock Forage Disaster Program (LFP) payments, an over 700% increase from total LFP payments made during the previous 5 years combined.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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