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U.S. gross cash farm income to increase in 2025

by Farm Income Team
2/6/2025

Farm Sector Income & Finances

A stacked area chart shows the components of U.S. gross cash farm income: crop cash receipts, animal and animal product cash receipts, farm-related cash income, and Governemt direct farm program payments, inflation adjusted, for 2004 to 2025F

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Gross cash farm income (GCFI) is annual income before expenses and includes cash receipts, farm-related income, and Government farm program payments. In inflation-adjusted 2025 dollars, GCFI is forecast at $609.4 billion in 2025, versus $432.5 billion in 2004, with the increase across time primarily due to higher cash receipts. If forecasts are realized, GCFI would decrease by 3.2 percent in 2024 relative to 2023 but increase by 2.9 percent in 2025.

U.S. gross cash farm income to increase in 2025

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