The U.S. Department of Agriculture’s (USDA) December 2024 farm income forecast confirms just how tough a year it’s been for American agriculture, with slightly revised projections offering little relief to farmers.The latest numbers indicate farmers are still struggling, losing nearly a quarter of their income in two years.USDA’s September report showed net farm income was expected to decline 4.4% to $140 billion across the farm economy.The December report revised the decline to 4.1%, slightly higher to $140.7 billion for the year.“It’s not that big of an increase, but still reflects a significant drop from 2022, so even though there’s not ...