American farms are expected to make less money from crops and animal products in 2019 after adjusting for inflation, with soybeans and chicken products leading declines in the market. Meanwhile, government payments as a percentage of farm income is growing.
Net farm income (in blue) is a broad U.S. Department of Agriculture measurement of farm-related income, while net farm cash income (in red) includes income from farming plus government payments. Read more about the USDA numbers here.
= Net farm cash income = Net farm income
* Forecasted income
Source: USDA