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.
New rule speeds leasing and permitting for federal oil and gas development
January 27, 2026 11:17 AM
Auction manager and West Texas A&M University student Presley Graves joined us to discuss the growth of StockShowAuctions.com and its impact on youth in agriculture.
January 27, 2026 06:00 AM
·
Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.
January 26, 2026 04:30 PM
·
Mike Knotts with the Tennessee Electric Cooperative Association joined us with the latest on storm impacts, power restoration, and safety considerations following the ice storm.
January 26, 2026 04:00 PM
·
Brooks York with AgriSompo joined us with his outlook on crop insurance and risk management following the recent winter storm that tore through most of the United States, including the Midwest.
January 26, 2026 03:30 PM
·
Meat stocks rose seasonally but remain below last year overall, while tighter butter inventories could support dairy prices, and belly stocks warrant close watch for pork markets.
January 26, 2026 03:00 PM
·
Payment totals alone do not show financial stress — production costs and net losses complete the picture.
January 26, 2026 02:30 PM
·
Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
January 26, 2026 01:33 PM
·
A mid-January winter storm delivered snow, ice, and extreme cold to a broad swath of the U.S., disrupting transportation, stressing livestock systems, and adding cost and complexity to winter farm operations as producers look toward spring.
January 26, 2026 01:10 PM
·
