Farm profits projected to dip again in 2024

Benjamin Herrold
Mar 21, 2024
Mar 21, 2024

Net farm income 2024 — Recent trends in net farm income, including the projection for 2024.
Graphic courtesy USDA

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The USDA and ag economists are projecting farm profits to drop in 2024, although many unknown factors such as the weather could alter the outlook, and different sectors and regions will experience different profit margins.

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