USDA: Increased federal payments shoring up farm earnings in 2026
USDA: Increased federal payments shoring up farm earnings in 2026
Increased government payments and a strong cattle sector should keep farm earnings relatively stable in 2026 despite no expected improvement in revenue from crops, according to USDA’s first farm income forecast for the year.
Net farm income, a broad measure of the overall profits, is estimated to decline by 2.6%, or $4.1 billion, when adjusted for inflation to $153.4 billion this year, USDA’s Economic Research Service reported Thursday.
Net cash farm income, a measure of farmers’ cash flow, is p
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