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2025 Inputs and Production Expenditures Forecast 1 U S farm production expenditures declined by a moderate 4 1% in 2024 compared to 2023, but remained elevated relative to recent decades, totaling $453 9 billion 2 Forecasted U S farm production expenses for 2024 show increases in labor, livestock poultry purchases, and property taxes fees, along with reductions in feed purchases, fertilizer, pesticides, and fuel oil 3 In 2025, we