2026 Farm Income Forecast

The combination of high input costs and low prices has been a cloud over 2025. “We still had elevated production costs, pretty much start to finish, and that included most categories,” said NDSU Extension Ag Finance Specialist Bryon Parman. “Then on the crop side, we never really had strong commodity prices at any point or opportunities to market, as a result, net incomes were pretty low.” The forecast for 2026 isn’t much better. “Maybe a very slight increase in production costs as we head into the New Year, and then right now the outlook for corn and other major row crop commodities isn’t all that strong right at this moment.”