(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:
DNA nanospring measures cellular motor power
Elsevier Foundation and RIKEN launch “Envisioning Futures” report: paving the way for gender equity and women’s leadership in Japanese research
Researchers discover enlarged areas of the spinal cord in fish, previously found only in four-limbed vertebrates
Bipolar disorder heterogeneity decoded: transforming global psychiatric treatment approaches
Catching Alport syndrome through universal age-3 urine screening
Instructions help you remember something better than emotions or a good night’s sleep
Solar energy is now the world’s cheapest source of power, a Surrey study finds
Scientists reverse Alzheimer’s in mice using nanoparticles
‘Good’ gut bacteria boosts placenta for healthier pregnancy
USC team demonstrates first optical device based on “optical thermodynamics”
Microplastics found to change gut microbiome in first human-sample study
Artificially sweetened and sugary drinks are both associated with an increased risk of liver disease, study finds
Plastic in the soil, but not as we know it: Biodegradable microplastics rewire carbon storage in farm fields
Yeast proteins reveal the secrets of drought resistance
Psychiatry, primary care, and OB/GYN subspecialties hit hardest by physician attrition
New Canadian study reveals where HIV hides in different parts of the body
Lidocaine poisonings rise despite overall drop in local anesthetic toxicity
Politics follow you on the road
Scientists blaze new path to fighting viral diseases
The mouse eye as a window to spotting systemic disease
AI and the Future of Cancer Research and Cancer Care to headline October 24 gathering of global oncology leaders at the National Press Club: NFCR Global Summit to feature top scientists, entrepreneurs
FDA clears UCLA heart tissue regeneration drug AD-NP1 for clinical trials
Exploring the therapeutic potential of cannabidiol for Alzheimer's
We need a solar sail probe to detect space tornadoes earlier, more accurately, U-M researchers say
Acute myeloid leukemia (AML): Disease risk but not remission status determines transplant outcomes – new ASAP long-term results
Sperm microRNAs: Key regulators of the paternal transmission of exercise capacity
Seeing double: Clever images open doors for brain research
Inhaler-related greenhouse gas emissions in the US
UCLA Health study finds inhalers for asthma and COPD drive significant greenhouse gas emissions
A surgical handover system for patient physiology and safety
[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.