# U.S. Farm Income Outlook: August 2019 Forecast - EveryCRSReport.com

> A CRS report on USDA's August 2019 forecast puts 2019 U.S. net farm income at $88 billion, up 4.8%, largely due to a 42.5% rise in government payments. It notes that commodity prices remain under pressure from large corn and soybean acreage and weak export prospects tied to the China dispute.

- Date: 2019-09-19 · published 2019-09-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/57081-u-s-farm-income-outlook-august-2019-forecast-everycrsreport-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Heavy reliance on government support signals that underlying crop prices are weak. Large supplies and limited export demand point to continued pressure on feed grain and oilseed prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-03-14 | [U.S. Farm Income Outlook: 2021 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/42252-u-s-farm-income-outlook-2021-forecast-everycrsreport-com.md) | +1.1% | +10.2% |
| CORN | 2019-04-16 | [U.S. Farm Income Outlook for 2019 - EveryCRSReport.com](https://feedsoft.ai/events/59572-u-s-farm-income-outlook-for-2019-everycrsreport-com.md) | -1.8% | -1.9% |
| CORN | 2021-09-29 | [U.S. Farm Income Outlook: September 2021 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/45078-u-s-farm-income-outlook-september-2021-forecast-everycrsreport-com.md) | +1.6% | +2.0% |
| CORN | 2021-02-09 | [U.S. Farm Income Outlook: December 2020 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/48603-u-s-farm-income-outlook-december-2020-forecast-everycrsreport-com.md) | -5.2% | +1.6% |
| CORN | 2019-12-18 | [U.S. Farm Income Outlook: November 2019 Forecast](https://feedsoft.ai/events/55428-u-s-farm-income-outlook-november-2019-forecast.md) | -0.1% | -1.9% |
| SOY | 2022-03-14 | [U.S. Farm Income Outlook: 2021 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/42252-u-s-farm-income-outlook-2021-forecast-everycrsreport-com.md) | -1.3% | -0.1% |
| SOY | 2019-04-16 | [U.S. Farm Income Outlook for 2019 - EveryCRSReport.com](https://feedsoft.ai/events/59572-u-s-farm-income-outlook-for-2019-everycrsreport-com.md) | -4.1% | -9.0% |
| SOY | 2021-09-29 | [U.S. Farm Income Outlook: September 2021 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/45078-u-s-farm-income-outlook-september-2021-forecast-everycrsreport-com.md) | -2.1% | -3.1% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/reports/R45924.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.