Fact-check · Sep 29, 2026
“Only the average, farmer in America only makes money two out of ten years”
FALSE
What the record shows
In 2022 (a record profitability year), 57% of farm operations reported financial losses per USDA Census of Agriculture; only 43% were profitable. Farms with <$100k sales were unprofitable 2019-2021.
Sources
- 2023 and 2024 Farm Sector Profitability: Issues for Congress
- USDA Projects Above Average Farm Profitability - Taxpayers for ...
- U.S. farm profit projections remain mixed through 2030
- USDA farm income forecast points to continued tight profit margins ...
- Farm Income and Financial Performance
- 2023 and 2024 Farm Sector Profitability: Issues for Congress - ...
From: Announcement on America.gov
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