net cash farm income and net farm income

2018 Farm Profits Expected to Drop to Near 2016 Levels

In inflation-adjusted 2018 dollars, net farm income is forecast to decline $10.8 billion (14.1%) from 2017 after increasing $13.0 billion (20.2%) in 2017. If realized, inflation-adjusted net farm income would be 3.3% above its level in 2016, which was its lowest level since 2002.

Inflation-adjusted net cash farm income is forecast to decline $10.9 billion (10.5%) from 2017 to $93.4 billion, which would be the lowest real-dollar level since 2009. Net cash farm income encompasses cash receipts from farming as well as farm-related income, including government payments, minus cash expenses. Net farm income is a more comprehensive measure that incorporates non-cash items, including changes in inventories, economic depreciation, and gross imputed rental income of operator dwellings.

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  • Titan Machinery 3Q Revenues Rise 10%

    Revenues from the sale of ag machinery were up 13% during the quarter to $211 million. For the first 9 months of the fiscal year, Titan reported farm equipment revenues increased by nearly 4% to $506 million.

  • Raven Posts 3.4% Gain in 3QFY19

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  • Deere Reports 18% Net Sales Gain, 3% Increase in Ag & Turf Sales

    Worldwide net sales and revenues increased 17% to $9.4 billion for the quarter and rose 26% to $37.4 billion for the full year. Net sales of equipment operations were $8.3 billion for the quarter vs. $7.1 billion in the same quarter last year and $33.4 billion for the year vs. $25.9 billion in 2017.
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Analyst Bullish on Deere, Titan Machinery

The latest episode of Ag Equipment Intelligence's On the Record is now available! In this week's program, we share one analyst's 2019 outlook for Deere & Co. and Titan Machinery in addition to Deere CEO & Chairman Samuel Allen's concerns over the lasting impact tariffs could have on U.S. farmers. We also discuss Ag-Pro Companies expansion into Ohio and the dealership's rapid growth since 2014. Also in this episode: technology lessons from the auto industry, changes in farm profits and farmers' income and an improvement in producers' interest in making large investments, like machinery.
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Farmland-Price-Expectations-12-months-ahead

Producers More Optimistic About Farmland Values

It wasn’t good news this summer to see ag producers’ pessimism when asked what they thought the future had in store for the value of their land. But it appears that within the last month or two they have become more optimistic about the future of their land values.

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