U.S. farm sector cash receipts, inflation adjusted, 1970–2024F
- by Farm Income Team
- 12/3/2024
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Total inflation-adjusted cash receipts are forecast to fall $16.6 billion (3.1 percent) from 2023 to $516.9 billion in 2024. Crop cash receipts are projected to decline $31.6 billion (11.4 percent) during the year, although animal/animal product cash receipts are expected to increase by $15.0 billion (5.9 percent).