WASHINGTON, D.C. (RFD NEWS) — The U.S. Department of Agriculture (USDA) released its first Net Farm Income Forecast since September, providing an early look at the financial conditions facing farmers in 2026. The report also includes revisions to USDA’s previous estimates for 2025, reshaping how last year’s farm economy is viewed and establishing a new baseline for the year ahead.
American Farm Bureau Federation (AFBF) economist Danny Munch joined us on Friday’s Market Day Report to break down the latest forecast and what it signals for the broader farm economy.
In his interview with RFD NEWS, Munch explained that the new outlook offers insight into how producers may fare financially in 2026, as income pressures continue across much of the agricultural sector.
The updated report also revises figures released last fall, and Munch highlighted how the new numbers differ from the September forecast. Those changes reflect shifts in commodity prices, production costs, and government payments that altered the final picture of farm income in 2025.
Munch addressed how rising farm debt and ongoing income declines are affecting farmers, and how producers are adjusting their operations and financial strategies to manage continued economic pressure.
Farmer Bridge payments are being used primarily to reduce debt and protect cash flow, not drive new spending. Curt Blades with the Association of Equipment Manufacturers joined us to provide insight into the ag equipment market and the factors influencing sales.
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University of Nebraska President Dr. Jeffrey Gold joined us to share insights on building healthy habits and improving rural health in the year ahead.
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Dr. Rosslyn Biggs with the Oklahoma State University Center for Rural Veterinary Medicine shares insight into biosecurity, preparedness, and animal health concerns facing livestock producers as New World screwworm outbreaks continue in Mexico.
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As the new year begins, both farmers and rural families are taking stock of their finances and planning ahead for 2026.
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