Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

U.S. gross cash farm income to decline in 2024

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 2024F

Gross cash farm income (GCFI) is annual income before expenses and includes cash receipts from the sale of crops and animal/animal products, cash farm-related income, and Government farm program payments. In inflation-adjusted 2024 dollars, GCFI is forecast at $578.7 billion in 2024, versus $422.2 billion in 2004, with the increase across time primarily due to higher cash receipts. If forecasts are realized, GCFI would decrease by 3.7 percent in 2024 relative to 2023.

Embed this chart

Download higher resolution chart (4159 pixels by 3325, 600 dpi)