![Farm Income Forecast](https://i0.wp.com/southeastagnet.com/wp-content/uploads/2024/07/agriculture-income-Depositphotos_62716853_l-2015.jpg?resize=742%2C496&ssl=1)
Farm production expenses may fall this year. USDA Chief Economist Seth Meyer has some key numbers from USDA’s 2024 Farm Income Forecast.
Meyer said a downward trend is being found in livestock feed prices, fuel, pesticide and fertilizer expenses. While some expenses are up from last year overall there is a bit of an easing on some input prices.
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