Farm Progress

Another tough year

USDA forecasts lower net farm income in 2018.

Bryce Knorr 1, Senior Market Analyst, Farm Futures

February 7, 2018

8 Slides

After enjoying a mild rebound in 2017, net farm income is set to drop again this year, according to USDA. The new forecast would amount to 50% of what farmers nationwide earned during the boom year of 2013. Here’s a look at the government’s first projection of what the year ahead holds for farmers.

About the Author(s)

Bryce Knorr 1

Senior Market Analyst, Farm Futures

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