News

FAPRI Forecasts Flat Net Farm Income for Next Year


The Food and Agricultural Policy Research Institute (FAPRI) says net farm income will be flat next year despite increased government payments. FAPRI projects net farm income will fall by more than $10 billion this year, and only rise $700,000 next year.

Net farm income is expected to rise almost five percent in 2018 and increase fractionally in 2019.

FAPRI projects government payments of $13.4 billion this year, up from $10.8 billion last year. Next year, those payments are forecast to rise another billion dollars before dropping $4.5 billion in 2018. ARC payments are expected to drop sharply because of the lower Olympic average prices.

FAPRI projects debt-to-asset ratios will rise from 12 percent last year to 14 percent in 2019.

Source: AgriMarketing

ProAg Quick Links

Agent Toolbox Grower Toolbox Careers

ProAg News

Eight Questions About the Dairy Margin Coverage Program

Many dairy producers are hopeful that the Dairy Margin Coverage program through the 2018 Farm Bill will provide a better safety net. However, the government shutdown created some confusion about the program and its implementation....

U.S., China Trade Talks in Washington this Week

After continuing last week in Beijing, U.S., China trade talks will resume again this week in Washington, D.C. as recent news items continue to highlight impacts of the ongoing trade dispute on the farm economy. ...
Get ProAg updates via email
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×