Net farm income forecast to rise in 2019
Increase seen despite fall in government paymentsThis article is powered by Issue Monitor
US net farm income is forecast to increase $6.3 billion (10.0%) from 2018 levels to $69.4 billion in 2019, according to USDA's Economic Research Service. Net farm income in 2018 fell $12 billion, the agency said. In inflation-adjusted 2019 dollars, net farm income is forecast to increase $5.2 billion (8.1%) from 2018 after the forecast decrease of $13.9 billion (17.8%) in 2018.