The Census of Agriculture provides a wealth of data on the state of the industry. Economists with NASS recently took a look at farm topology, peeling back the layers of each operation.
“The farm topology sort of slices this up by looking at what’s called the gross cash farm income. Under value production, that farm produces many, many dollars in value production. But the part that comes back to the farmer is just the fee he receives. Cash farm income and the farm topology just count the part that the farmer gets for his fee. Value production counts everything that came off the farm,” said Joseph Parsons.
Economists uncovered that producers on small farms tend to be new to the profession and have served in the military, and they also likely rely on off-farm work to get by. They also discovered that farming has become a retirement plan, with many new small farmers over the age of 65.
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
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Payment totals alone do not show financial stress — production costs and net losses complete the picture.
January 26, 2026 02:30 PM
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Heavier weights and strong late-year slaughter supported December production, but lower annual totals highlight ongoing supply tightness heading into 2026.
January 26, 2026 11:19 AM
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Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
January 26, 2026 09:56 AM
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Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.
January 26, 2026 09:41 AM
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Placements and marketings beat expectations, but declining on-feed totals and feeder constraints keep the supply story supportive for cattle prices into 2026. Dr. Derrell Peel, with Oklahoma State University, joined us to break down cattle-on-feed numbers and provide his broader market outlook.
January 23, 2026 04:40 PM
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