# Net Farm Income Will Rise for Crops and Livestock, But Won't Make Up for 2018 Decline

> USDA projects net farm income to rise 8.1% to $69.4 billion in 2019, recovering only part of the 17.8% drop in 2018. Soybean cash receipts are expected to fall $2.6 billion on lower prices and sales volume, while corn, wheat and other crop receipts are forecast to rise.

- Date: 2019-03-11 · published 2019-03-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/60077-net-farm-income-will-rise-for-crops-and-livestock-but-won-t-make-up-for-2018
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher expected corn receipts reflect firmer prices, while the projected soybean revenue decline signals weaker soy demand and pricing expectations for the 2019 crop.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-30 | [Corn and Soybean Stocks Come In Below Trade Expectations \| Red River Farm Network](https://feedsoft.ai/events/57013-corn-and-soybean-stocks-come-in-below-trade-expectations-red-river-farm-network.md) | -0.9% | +1.1% |
| CORN | 2019-11-11 | [USDA Forecasts Production Declines for Minnesota \| Red River Farm Network](https://feedsoft.ai/events/55892-usda-forecasts-production-declines-for-minnesota-red-river-farm-network.md) | -1.0% | -3.2% |
| CORN | 2023-02-16 | [Feb WASDE Stocks-to-Use Ratios for Major Crops](https://feedsoft.ai/events/37266-feb-wasde-stocks-to-use-ratios-for-major-crops.md) | -0.4% | -4.9% |
| CORN | 2017-12-12 | [Lack of rain delays planting and reduces corn crop forecast in 2018 \| News Agency](https://feedsoft.ai/events/67325-lack-of-rain-delays-planting-and-reduces-corn-crop-forecast-in-2018-news-agency.md) | +1.9% | +2.2% |
| CORN | 2021-04-12 | [Feed prices will weigh on livestock budgets - Brownfield Ag News](https://feedsoft.ai/events/47726-feed-prices-will-weigh-on-livestock-budgets-brownfield-ag-news.md) | +0.9% | +25.0% |
| SOY | 2018-08-21 | [In the new season will increase the demand for canola and canola](https://feedsoft.ai/events/63518-in-the-new-season-will-increase-the-demand-for-canola-and-canola.md) | -5.3% | -7.7% |
| SOY | 2022-02-07 | [Farm Prices for U.S. Major Field Crops Projected To Decline \| Economic Research Service](https://feedsoft.ai/events/14958-farm-prices-for-u-s-major-field-crops-projected-to-decline-economic-research.md) | +1.9% | +7.8% |
| 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% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2019/03/11/net-farm-income-will-rise-crops-make

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