(Press-News.org) Net farm income in the United States is projected to reach $177 billion in 2025, a sharp increase from $128 billion in 2024. This is according to the latest update of the annual U.S. farm income and consumer food price report by the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri’s College of Agriculture, Food and Natural Resources.
Record cattle prices and large one-time government payments have boosted 2025 income, but declines in crop prices and projected reductions in future government support raise concerns about the outlook for 2026.
“Despite strong income this year, much of the gain is temporary,” Pat Westhoff, director of FAPRI, said. “As emergency payments dry up and crop prices remain weak, we project a $31 billion decline in farm income next year.”
The report incorporates data available in August 2025, including United States Department of Agriculture (USDA) crop production estimates and economic forecasts from S&P Global. It also accounts for modifications in key farm programs and tax credits related to biofuel production that were included in the One Big Beautiful Bill Act signed into law in July.
Key findings from the update include:
Corn prices fall significantly due to record production, with the 2025-26 marketing year (Sept. 1 - Aug. 31) average price projected at $4.05 per bushel, slightly above USDA’s latest estimate. Modest price recovery is expected in 2026-27.
Soybean prices increase slightly to $10.16 per bushel in 2025-26 as reduced acreage and strong biofuel demand tighten supplies. Continued demand from the renewable fuels sector could drive further gains in 2026-27.
Other crop prices remain weak, with large global supplies pressuring wheat, rice, sorghum and barley. Cotton is a notable exception, with a smaller crop supporting prices at 66.5 cents per pound.
Cattle prices hit new records. Tight supplies and strong domestic demand push prices even higher in 2026 before increased production brings moderation.
Dairy production increases as both cow numbers and yields rebound. However, added supply has weighed on prices, especially for cheese and butter. Exports are expected to help offset the pressure.
Food price inflation rebounds to 2.9% in 2025, driven largely by beef prices, which are projected to rise by more than 10% for the year. Food-at-home inflation is expected to moderate in 2026, but costs at restaurants continue to rise.
Westhoff emphasizes that the projections reflect a snapshot in time and are subject to change as new information becomes available.
“These forecasts are conditional on current policies and market expectations,” Westhoff said. “They provide a useful benchmark for evaluating potential impacts of economic shifts, weather events and future policy changes.”
The update is part of FAPRI’s ongoing efforts to provide policymakers, industry stakeholders and the public with reliable economic analysis of the U.S. agricultural sector.
Additional insights from the farm income report
About FAPRI
FAPRI, a program of distinction in the College of Agriculture, Food and Natural Resources (CAFNR), develops and publishes baseline reports to highlight the impact of current events on agricultural market trends and projections.
END
Mizzou economists: 2025 farm income boosted by high cattle prices and one-time payments
The University of Missouri Food and Agricultural Policy Research Institute (FAPRI) finds signs of strain in crop markets despite a strong year for livestock producers.
2025-09-11
ELSE PRESS RELEASES FROM THIS DATE:
What 3I/ATLAS tells us about other solar systems
2025-09-11
Sept. 11, 2025
MSU has a satellite uplink/LTN TV studio and Comrex line for radio interviews upon request.
Contact: Emilie Lorditch: 810-844-1460, lorditch@msu.edu; Bethany Mauger: 765-571-0623, maugerbe@msu.edu
What 3I/ATLAS tells us about other solar systems
The fleeting interstellar visitor offers MSU astrophysicists clues about comets beyond our solar system
Why this matters:
MSU uncovered images of 3I/ATLAS from two months before it was detected as ...
University of Cincinnati allergist receives $300,000 grant to research rare esophageal disease
2025-09-11
Patients with eosinophilic esophagitis (EoE) often describe the condition as painful, disruptive and frightening. The rare chronic disease causes inflammation of the esophagus, leading to abdominal pain, difficulty swallowing, vomiting and, in some cases, food getting stuck in the throat.
Now, a University of Cincinnati College of Medicine researcher has received new funding to expand her investigations into the underlying causes of EoE and potential new treatments.
Simin Zhang, MD, an allergist and research assistant professor in the Division of ...
Ohio State scientists advance focus on nuclear propulsion
2025-09-11
COLUMBUS, Ohio – New developments in nuclear thermal propulsion technologies may soon enable advanced space missions to the farthest reaches of the solar system.
Leading these advances are researchers at The Ohio State University: Engineers are developing a nuclear propulsion system that uses liquid uranium to directly heat rocket propellant as an alternative to solid fuel elements used by traditional nuclear propulsion systems.
Their concept, called the centrifugal nuclear thermal rocket (CNTR), is specially designed to improve rocket performance while simultaneously minimizing any engine risk.
While ...
New study reveals a hidden risk after cervical cancer
2025-09-11
For women who’ve overcome cervical cancer, new research from MUSC Hollings Cancer Center points to another health risk that may not be on their radar: anal cancer.
Led by Hollings researchers Haluk Damgacioglu, Ph.D., and Ashish Deshmukh, Ph.D., co-leader of the Cancer Prevention and Control Research Program, the study sheds light on an under-recognized risk facing women with a history of cervical cancer – and highlights the need for updated screening guidelines. The paper was published in JAMA Network Open.
Cervical cancer is one of the most preventable cancers: Thanks to routine screening and the HPV vaccine, it has a survival rate of over ...
Environment: Indigenous Amazon territories benefit human health
2025-09-11
Protecting Indigenous territories in areas of the Amazon rainforest with high levels of forest cover may help reduce the number of cases of several diseases (including malaria and respiratory conditions) in the surrounding areas. The results, from an analysis published in Communications Earth & Environment, highlight the importance of legal protection for Indigenous territories in the Amazon, and the complex role they play in human health.
There are an estimated 2.7 million Indigenous people living in the Amazon, predominantly in Indigenous ...
Zoology: Octopuses put their best arm forward for every task
2025-09-11
Octopuses can use any of their arms to perform tasks, but tend to use a particular arm, or arms, for specific tasks. This finding, presented in a paper in Scientific Reports, reveals more about the complex behaviour these animals display.
Octopus arms are complex structures consisting of four separate muscle groups — transverse, longitudinal, oblique, and circular — around a central nerve. These four muscle groups allow octopus arms to deform in a wide variety of ways to perform a range of actions used for various behaviours, from hunting and moving, to self-defence. However, little is known about how wild ...
New research reveals wild octopus arms in action
2025-09-11
Octopuses are among the most neurologically complex invertebrates, famed for their extraordinary dexterity. Their eight arms allow them to capture hidden prey, communicate, explore, and even mate across varied habitats.
Although octopus arms rank among some of the most flexible structures in nature, their full range of movement has rarely been studied in the wild – especially in a range of underwater habitats.
A new study by Florida Atlantic University’s Charles E. Schmidt College of Science, in collaboration with researchers from the Marine Biological ...
NEW STUDY: Across eight Amazon countries, forests on Indigenous lands reduce spread of 27 diseases – From respiratory ailments to illnesses spread by insects, animals
2025-09-11
Belém, Brazil – Gland, Switzerland (11 SEPTEMBER 2025) — New research published today in Communications Earth and Environment, a Nature Group journal, finds that municipalities in the Amazon region closest to healthy forests on Indigenous lands face less risk from rising cases of two categories of disease: cardiovascular and respiratory diseases due to forest fires and illnesses spread when humans come into closer contact with animals and insects.
The findings, released at the onset of forest fire season in the region and in advance of the climate negotiations (COP30) in Belem, Brazil, is the latest study in a growing body of evidence showing ...
How many ways can an octopus flex its supple arms? Now we know
2025-09-11
By David Chandler
WOODS HOLE, Mass. -- Octopus arms are one of the most flexible structures known in all of the biological world. Their agility is so extraordinary that robotics researchers want to learn the secrets behind their movements, hoping to apply some of the same principles. They envision soft, flexible robotic appendages that, like the highly tactile octopus arms, can search and carry out tasks through tight and narrow openings, such as delivering life-saving food and water to people trapped in the rubble of collapsed buildings.
Now, researchers from the Marine Biological Laboratory (MBL) in Woods Hole and Florida Atlantic University (FAU) ...
Analysis of ‘magic mushroom’ edibles finds no psilocybin but many undisclosed active ingredients
2025-09-11
CORVALLIS, Ore. – “Magic mushroom” edibles sold at smoke shops and convenience stores are likely to contain no psilocybin but instead a range of undisclosed active ingredients, a study led by an Oregon State University College of Pharmacy scientist shows.
The research collaboration, which included a state-certified testing laboratory and a scientific instrument manufacturer, published its findings today in JAMA Network Open, a journal of the American Medical Association.
In Portland, the scientists purchased 12 gummies and chocolates labeled as magic mushrooms and analyzed their contents. Psilocybin, the hallucinogenic compound produced ...
LAST 30 PRESS RELEASES:
When tropical oceans were oxygen oases
Positive interactions dominate among marine microbes, six-year study reveals
Safeguarding the Winter Olympics-Paralympics against climate change
Most would recommend RSV immunizations for older and pregnant people
Donated blood has a shelf life. A new test tracks how it's aging
Stroke during pregnancy, postpartum associated with more illness, job status later
American Meteorological Society announces new executive director
People with “binge-watching addiction” are more likely to be lonely
Wild potato follows a path to domestication in the American Southwest
General climate advocacy ad campaign received more public engagement compared to more-tailored ad campaign promoting sustainable fashion
Medical LLMs may show real-world potential in identifying individuals with major depressive disorder using WhatsApp voice note recordings
Early translational study supports the role of high-dose inhaled nitric oxide as a potential antimicrobial therapy
AI can predict preemies’ path, Stanford Medicine-led study shows
A wild potato that changed the story of agriculture in the American Southwest
Cancer’s super-enhancers may set the map for DNA breaks and repair: A key clue to why tumors become aggressive and genetically unstable
Prehistoric tool made from elephant bone is the oldest discovered in Europe
Mineralized dental plaque from the Iron Age provides insight into the diet of the Scythians
Salty facts: takeaways have more salt than labels claim
When scientists build nanoscale architecture to solve textile and pharmaceutical industry challenges
Massive cloud with metallic winds discovered orbiting mystery object
Old diseases return as settlement pushes into the Amazon rainforest
Takeaways are used to reward and console – study
Velocity gradients key to explaining large-scale magnetic field structure
Bird retinas function without oxygen – solving a centuries-old biological mystery
Pregnancy- and abortion-related mortality in the US, 2018-2021
Global burden of violence against transgender and gender-diverse adults
Generative AI use and depressive symptoms among US adults
Antibiotic therapy for uncomplicated acute appendicitis
Childhood ADHD linked to midlife physical health problems
Patients struggle to measure blood pressure at home
[Press-News.org] Mizzou economists: 2025 farm income boosted by high cattle prices and one-time paymentsThe University of Missouri Food and Agricultural Policy Research Institute (FAPRI) finds signs of strain in crop markets despite a strong year for livestock producers.