U.S. farm income reached new heights in 2022 before declining in 2023, while Nebraska's net farm income rebounded in 2023, driven by rising livestock prices. Crop receipts are expected to drop in 2023 due to lower prices, despite a production boost. Rising production costs challenge profit margins, but 2023's strong farm income highlights Nebraska's agricultural resilience. This webinar will dive into these insights and more on the evolving trends in farm income.
In this recent webinar, ag finance experts provide an analysis of the latest farm income situation, along with an outlook for what’s ahead, presented by the Center for Agricultural Profitability at the University of Nebraska and the Rural and Farm Finance (RaFF) Center at the University of Missouri.
