By: Skye Root
September 5, 2024
Reading Time: mins
General
Daniel Munch USDA’s September 2024 farm income forecast projects this to be yet another challenging year for American farmers, who are expected to lose nearly a quarter of their income in two years. Net farm income, a key measure of profitability, is forecast at $140 billion for 2024, marking a $6.5 billion decline (4.4%) from… Agriculture in the Red: Net Farm Income Drops Again in 2024 Forecast