With nearly 25% of U.S. net farm income estimated to come from federal subsidies in fiscal year 2025, the overall income ...

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

Farm income is projected to have decreased in 2024 according to the latest USDA report. (Photo by Preston Keres/USDA) Farm income is forecasted to have decreased in 2024 by 4% from 2023, largely ...

As reported by USDA data and recently highlighted by the American Farm Bureau Federation (AFBF), more than three-fourths of household income for farm families comes from off the farm. Per USDA data, ...

USDA is projecting that net farm income will increase sharply this year, largely due to an infusion of $31 billion in disaster aid and market relief assistance provided by Congress in December. Net ...

The Agriculture Department is lowering its forecast for farm earnings in 2025 as declines in the crop sector more than offset soaring incomes for cattle producers. Net cash farm income, a measure of ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...

The University of Minnesota and the Southern MN Agricultural Center of Excellence released the 2024 Farm Business Management Summary for southern Minnesota earlier this spring. The summary showed that ...

MINNEAPOLIS — An agricultural credit survey of the upper Midwest indicates a continued decline in farm incomes and pessimism for the near future. The quarterly survey by the Federal Reserve Bank of ...