USDA just released its 2024 Net Farm Income forecast, and cash receipts are down for almost every crop. #agriculture | AgDay
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Why the USDA expects farm income to plummet in 2024
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New USDA numbers show America’s net farm income is projected to drop about 5% next year after a tough 2024. Higher interest rates, rising input costs, and shifting global trade patterns are all part of the conversation. Farmers continue to adapt with impressive resilience, no matter the challenges. | Horizon Report
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