According to state data, Colorado farmers have seen gross revenues and net income rise for the past couple of years. Total farm production expenses have also grown. But the overall annual total reflects a different reality for small farms and local ranches, which struggle to keep expenses down as the price they sell food for remains stagnant or in decline. Years 2018 is a revised estimate, 2019 is estimated and 2020 is a forecast by the 2020 Colorado Business Economic Outlook ag committee.