Article

The Food and Agricultural Policy Research Institute projects U.S. farm income will rise to $177 billion in 2025, up from $128 billion in 2024, driven by record cattle prices and significant government payments. However, concerns loom for 2026, as crop prices decline and government support is expected to decrease, leading to a forecasted income drop of $31 billion.

While corn prices may stabilize, soybean prices could rise due to strong biofuel demand. Food price inflation is anticipated to rebound, especially driven by beef prices.