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Farm incomes expected to continue decline in 2025

A professor of farm management at the University of Illinois says the latest projections show farm incomes continuing to decline in 2025. Gary Schnitkey tells Brownfield… “That’s primarily because we continue to have high costs and also lower prices than in 2021 and 2022,”...

Kansas net farm incomes projected to slightly rebound in 2024

An ag economist is forecasting a slight increase in net farm income for Kansas farmers this year. Kansas State University’s Gregg Ibendahl says net farm incomes for 2024 are projected to average around $120,000, up from $89,000 in 2023. “Even though it’s a bounce...