USDA Farm Income Forecast, February 2024 Update

Join host Brady Brewer for an episode with Purdue ag economist Michael Langemeier as they discuss USDA's latest farm income forecast for February 2024. Net farm income is expected to decline by 25% but remain near the long-run average. Gain insight into various crop and livestock sectors as they discuss enterprise revenues, farm household income, production expenses, breakeven prices for an Indiana case farm, and the U.S. farm sector balance sheet.

Podcast provided by Purdue University's Center for Commercial Agriculture. Transcript from the discussion and more information from the Purdue Top Farmer Conference can be found at https://purdue.ag/agcast156.