344 - Financial Outlook for Agriculture — Back to Normal

The Business of Agriculture Podcast

The last twenty years have been very good ones — financially speaking — for American Agriculture. The last three years 2021, ’22, and ’23 are the highest farm income years ever in both nominal and inflation adjusted, real dollars. Now, in 2024, we face a revenue downturn. While commodity prices are OK, input prices remain elevated. This scenario is setting up a financial breakeven for producers. What does this mean for all of us and what can crafty operators do to remain financially viable? John Maman with Nutrien Financial, and Nutrien Chief Economist Jason Newton share data along with financial recommendations in this episode of The Business of Agriculture.

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