U.S. gross cash farm income forecast to stabilize in 2018

U.S. gross cash farm income forecast to stabilize in 2018

Gross cash farm income (GCFI) is annual income before expenses and includes cash receipts, farm-related income, and Government farm program payments. GCFI is forecast at $418 billion in 2018, versus $321 billion (inflation-adjusted 2018 dollars) in 2000, with the increase across time largely due to higher cash receipts. After increasing 3 percent in 2017, GCFI is forecast to decline 2.2 percent to $418 billion (over $9 billion lower than 2017) in 2018.


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