Farm income 2019 However, in inflation-adjusted dollars, net farm income in 2019 will remain among the bottom 25 percent of all-time, Figure 2. 2 percent) from 2018 to $92. Net farm income is calculated on an accrual basis. 4 percent) compared with the December 1, 2021 release, mainly because of the higher estimate for crop cash receipts. 0 billion. CRS Product Type: Reports: Publication Date: 04/16/2019: Author: Schnepf, Randy Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. 7 million (0. 4 million (0. " Nov 27, 2019 · The USDA increased its net farm income forecast for 2019 by more than 10%, to $92. 5 billion or +2%)—including continued payments under the trade aid package announced by USDA in July 2018—partially offset by slightly higher production expenses (up $2. 5 billion (10. Net farm income. May 15, 2025 · Net farm income for 2020 was revised upward $393. 2 percent), while the net farm income estimate for 2018 was raised by less than $2 million. December 1 Mar 6, 2019 · In 2019-inflation-adjusted dollars, net farm income in 2019 is projected to be 8 percent higher than prior-year levels, representing an increase of $5. Data as of August 30, 2019. 2 billion. 0 percent) to $119. Net cash farm income is forecast to increase $15. 5 billion (15. 2000 - 2018 NFI Dec 2, 2019 · The USDA's Economic Research Service (ERS) indicated on Wednesday that, "Net farm income, a broad measure of profits, is forecast to increase $8. 2000 - 2018 NCFI average ($108. Net farm income for 2019 was revised downward $140. 6%). 5 billion, driven largely by the Trump administration's trade aid payments to farmers and federal insurance . 3) Net cash farm income. 5 billion in 2019. 2 billion or +0. Apr 16, 2019 · forecast rise in 2019 net farm income is the result of an increase in gross returns (up $8. qgvcmgkszyrgdcttwmgmaqukktziwcmvgyniifldwyoebfvbik