farm income | Red River Farm Network

Net Farm Income Expected to Decline Further in ’26

Published February 6, 2026

USDA’s Economic Research Service is estimating net farm income for this year at $153.4 billion. That’s down over $1 billion from 2025. When adjusted for inflation, the cash receipts from crop production are projected to decline less than one percent.…

Yields Are Not Enough to Offset Low Prices

Published November 15, 2025

Even with record-setting yields across parts of the Ninth Federal Reserve District, farm incomes remain under pressure. “Overwhelmingly, lenders told us that farm incomes decreased relative to a year ago," said Joe Mahon, regional outreach director, Minneapolis Federal Reserve Bank.…

Livestock Push Farm Income Levels Higher

Published September 4, 2025

USDA’s latest net farm income forecast projects net farm income at $179.8 billion. That’s sharply higher than one year ago. The livestock sector is driving much of that improvement with cash receipts expected to reach a record $299 billion. Meanwhile,…

Latest News Markets Ag Business Livestock

Farmers Turn to Agritourism to Boost Income

Published May 14, 2025

Agritourism is an opportunity for farmers to diversify income and share agriculture's story with consumers. "Agritourism is the intersection between agriculture and tourism, and it includes five broad areas: education, hospitality, outdoor recreation, entertainment, and direct sales," says University of…

Top Stories Latest News Ag Business

77% of Farm Household Income Comes from Off the Farm

Published April 25, 2025

An American Farm Bureau Federation Market Intel report found most of the U.S. farm household income is from off-farm sources. "Seventy-seven percent of income that farm households receive comes from those off-farm sources, meaning only 23 percent comes from farm-related…

Top Stories Latest News Ag Business

Minnesota Farm Income Hits Historic Low

Published April 4, 2025

Minnesota’s median net farm income in 2024 dropped to just under $20,000, driven by declining crop prices and reduced yields. “It is the lowest for the century, unfortunately,” said Pauline Van Nurden, Extension economist, Center for Farm Financial Management. Despite…

Top Stories Latest News Ag Business

Government Payments Drive Farm Income Boost

Published March 15, 2025

The USDA is forecasting a significant rise in farm income for 2025, with net farm income projected to increase by 26.4 percent and net cash farm income by nearly 19 percent when adjusted for inflation. However, NDSU Ag Finance Specialist…

Fed Expert: Land Values Are Keeping Farm Credit Afloat

Published February 27, 2025

Credit conditions in agriculture weakened in 2024, with rising interest rates and declining farm income putting pressure on loan repayment, according to Nathan Kauffman, Senior Vice President at the Federal Reserve Bank of Kansas City. While financial stress has grown,…

Top Stories Latest News Ag Business

Direct Payments Key to Farm Income Growth in 2025

Published February 7, 2025

Net cash farm income for the calendar year 2025 is forecast at $193.7 billion, up 22 percent from 2024. Net farm income is forecast at $180.1 billion, up 29.5 percent from the prior year. "When you look at net cash…

Farm Income Takes Another Dip

Published December 4, 2024

Farm income took another downturn in 2024. According to USDA, net farm income is forecast at nearly $141 billion. That’s down more than six percent from a year ago. That follows a 22 percent drop in 2023. Despite two consecutive…

Articles tagged under: farm income

Net Farm Income Expected to Decline Further in ’26

Yields Are Not Enough to Offset Low Prices

Livestock Push Farm Income Levels Higher

Farmers Turn to Agritourism to Boost Income

77% of Farm Household Income Comes from Off the Farm

Minnesota Farm Income Hits Historic Low

Government Payments Drive Farm Income Boost

Fed Expert: Land Values Are Keeping Farm Credit Afloat

Direct Payments Key to Farm Income Growth in 2025

Farm Income Takes Another Dip

News Categories

Latest RRFN Podcasts

Country Morning

Agriculture Today

Market Analysis

Weather

This Week In Agriculture

Well Grounded

Fielding Questions

TransFARMation

Talking Conservation

Value Beyond Yield with Nuseed Omega-3 Canola

Purina Dairy Podcast

Ag Innovation News Presented by AURI

Articles tagged under: farm income

News Categories

Latest RRFN Podcasts

Subscribe to RRFN