NASHVILLE, Tenn. (RFD-TV) — The U.S. Department of Agriculture (USDA) reduced its 2025 Farm Income Forecast to $179.8 billion, down slightly from February’s $180.1 billion projection. Despite the adjustment, net farm income is still projected to rise nearly 40 percent compared to 2024, largely due to stronger livestock markets and a surge in government payments.
AgAmerica Lending notes that direct government payments are forecast at $40.5 billion, a 356 percent increase from last year, primarily tied to disaster aid and new farm program funding.
Crop markets remain under pressure, however, with receipts for corn, soybeans, and wheat expected to decline. In contrast, receipts for cattle, hogs, and poultry are forecast to be higher on tighter herds and stronger demand.
Rising production expenses remain a concern, with labor and livestock costs climbing even as feed, fuel, and pesticide expenses ease. Farm debt is also forecast to increase to $592 billion, but asset values—especially farmland—continue to support balance sheets. While the short-term outlook is positive, analysts stress that volatility in trade and interest rates could pressure farm finances in the longer term.
Tony’s Farm-Level Takeaway: Livestock and government payments provide a boost, but crop receipts and rising expenses continue to put pressure on margins. Strong financial planning remains key in a volatile environment.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
October 30, 2025 12:56 PM
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Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
October 30, 2025 12:04 PM
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The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
October 30, 2025 10:37 AM
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Rollins will also tour a small soybean operation in Iowa before her appearance at Lucas Oil Stadium.
October 29, 2025 05:03 PM
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Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
October 29, 2025 03:35 PM
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Dr. Jeffrey Gold, President of the University of Nebraska, joined RFD-TV to discuss how seasonal stress and mental health concerns can make it more challenging to get a restful night’s sleep
October 29, 2025 03:22 PM
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Prepare for softer milk checks into winter, watch cull-cow values and timing, and stress-test cash flow as product prices recalibrate.
October 29, 2025 03:11 PM
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Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
October 29, 2025 03:04 PM
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Among many longstanding traditions at the FFA Convention & Expo is the National FFA Band.
October 29, 2025 01:39 PM
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