State Farm Income Estimates  


Arkansas Farm Income Outlook

Fall 2023

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Recommended citation: Kruse, J., Biram, H., Mitchell, J. & T. Washburn. September 2023. Fall 2023 Arkansas Farm Income Outlook. RaFF Report #04-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Kansas Farm Income Outlook

Fall 2023

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Recommended citation: Kruse, J., Parcell, J., Ifft, J., O’Brien, D., Ibendahl, G. & T. Washburn. September 2023. Fall 2023 Kansas Farm Income Outlook. RaFF Report #05-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Missouri Farm Income Outlook

Fall 2023

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Recommended citation: Kruse, J., and T. Washburn. October 2023. Fall 2023 Missouri Farm Income Outlook. RaFF Report #07-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Nebraska Farm Income Outlook

Fall 2023

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Click to View Full Dataset

Recommended citation: Kruse, J., Lubben, B., Brunkow, T., Dennis, E., McClure, G., Parsons, J., Thompson, E., Van Tassell, L., Walters. C. & T. Washburn. October 2023. Fall 2023 Nebraska Farm Income Outlook. RaFF Report #06-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Arkansas Farm Income Outlook

Spring 2023

Spring 2023 Ar Farm Income Outlook Final1024 3
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Recommended citation: Maltsbarger, B., H. Biram and J. Mitchell . April 2023. Spring 2023 Arkansas Farm Income Outlook. RaFF Report #02-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Missouri Farm Income Outlook

Spring 2023

Spring 2023 Mo Farm Income Outlook Final1024 3
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Recommended citation: Maltsbarger, B. and S. Brown. April 2023. Spring 2023 Missouri Farm Income Outlook. RaFF Report #03-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Nebraska Farm Income Outlook

Spring 2023

Spring 2023 Ne Farm Income Outlook Final1024 3
Click to View Full Dataset

Recommended citation: Maltsbarger, B., Lubben, B., Brunkow, T., Dennis, E,. McClure, G., Parsons, J., Thompson, E., Van Tassell, L. & C. Walters. March 2023. Spring 2023 Nebraska Farm Income Outlook. RaFF Report #01-2023. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Missouri Farm Income Outlook

Fall 2022

Fall 2022 Mo Farm Income Outlook V10
Click to View Full Dataset

Recommended citation: Maltsbarger, B. and S. Brown. September 2022. Fall 2022 Missouri Farm Income Outlook. RaFF Report #01-2022. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Nebraska Farm Income Outlook

Fall 2022

Fall 2022 Ne Farm Income Outlook V8
Click to View Full Dataset

Recommended citation: Maltsbarger, B., Lubben, B., Brunkow, T., Dennis, E,. McClure, G., Parsons, J., Thompson, E., Van Tassell, L. & C. Walters. September 2022. Fall 2022 Nebraska Farm Income Outlook. RaFF Report #02-2022. Available at: https://ruralandfarmfinance.com/publications/#state-farm-income-estimates

Riffs from RaFF

These short issue briefs explore topics related to farm and rural finance. Each brief asks forward-looking questions and highlights when the data differ by region.

Corn Field Lines And Beautiful Landscapes

America’s Largest Ag Lender: A Primer on the Farm Credit System, February 2024

Since its chartering in 1916, the Farm Credit System (FCS) has provided financing to American farmers. This brief describes how FCS functions and where it is situated in the agricultural lending landscape.

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Small Town Bank

Commercial Lenders Bank on Relationships, Lead in Non-Real Estate Farm Loans, January 2024

Commercial banks include community banks serving nearby residents and businesses, and larger financial institutions with branches located throughout a region or the U.S. This brief details commercial banks’ farm lending activity and their role in the communities they serve.

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Rocky Ford, Usa October 13, 2019: Small Town In Colorado With Red Light On Main Street Downtown And First National Bank

Main Street Banks are Not the Go-To Lenders for All Farm Businesses, December 2023

To fund purchases of land, facilities, machinery and operating inputs, farms often use debt financing. In recent years, providers of such financing have changed significantly. This brief summarizes the changes and details sources of financing most used by farms today.

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Happy,piglets,playing,in,leaves,at,sunset

U.S. Pork – Kind of a Pig Deal, October 2023

In October, the United States recognizes Pork Month. According to USDA, the U.S. is the world’s third-largest producer and consumer of pork and pork products. This brief will examine the economic impact of the pork industry and will explore differences among RaFF’s collaborating states, based on the fall 2023 farm income outlooks.

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Sky Full Of Fluffy Clouds Over A Hilly Corn Field In Scott County Missouri

2023 Legislative Efforts Provide Opportunities for Missouri Agriculture, August 2023

Recently, Missouri Gov. Mike Parson signed Senate Bill 138 and House Bill 202 into law; these agriculture omnibus bills addressed priority areas for industry partners and farm operators. This brief highlights key pieces of legislation that could impact Missouri’s agriculture industry.

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Dipping into Dairy Economic Impact, June 2023

Each summer, June is celebrated as National Dairy Month in the United States. The latest Census of Agriculture indicates that nearly 55,000 farms across the country are home to 9.5 million milk cows. This brief evaluates the financial and economic impact of dairy production and key differences within RaFF’s collaborating states, based on the spring 2023 farm income outlooks.

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A Brief on Beef, May 2023

May marks National Beef Month in the United States. According to the 2017 Census of Agriculture data, there are nearly 730,000 beef farms across the country that account for 35% of all U.S. farm operations. This beef brief evaluates the financial and economic impact of beef production and key differences within RaFF’s collaborating states, based on the spring 2023 farm income outlooks.

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Who Owns the Farmland? More Questions than Answers, September 2022

Limited data on farmland ownership leads to more questions than answers as concerns about local land markets grow. While available historical data shows that more than half of farmland is controlled by owner-operators, this information is dated, and little is known about owner-operators or landlords. Up-to-date land ownership and control data are critical for sound analysis and policy development, and a call is made for increased focus on collecting such data.

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Meatprocessingmap

Different Factors Are Associated with Small and Large Meat Processor Survival, August 2022

Meat processing output and fluctuating price concerns have led to increased interest among policymakers. Large amounts of funding have been set aside to help improve industry resilience. To ensure this investment is effectively utilized, it is important to understand how plant characteristics, local workforce characteristics, and industry concentration may impact meat processing plant survival.

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05.2022 Cprmakesadifference 1

Could Expiring CRP Acres Make a Difference? May 2022

Drought conditions and international conflict have led to concerns about food price inflation and shortages. When considering options for additional planted acreage, some look to expiring CRP acres. However, the potential for expiring CRP acres to impact overall commodity supply seems minimal.

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U.S. map showing changes in CRP enrollment by county.

The Future of the Conservation Reserve Program, April 2022

Since the inception of the Conservation Reserve Program (CRP) in 1985, the program has evolved into three sub-programs as various forces have reshaped goals and priorities. Over the last decade, the composition of CRP enrollment geographically has shifted. With current farm legislation expiring next year, CRP could be a significant issue in future farm policy debate.

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Electric Vehicles

The Electric Vehicles Trend and Implications for Ethanol, March 2022

Electric vehicles (EVs) are expected to have a modest effect on ethanol demand over the next decade because the shift to EVs will likely be gradual. While U.S. motor fuel use is projected to decline, ethanol exports are expected to offset much of the difference. New sources of ethanol demand are potential bright spots for the industry.

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Ag Gdp Brief (1)

Agriculture’s Contribution to Rural Economies, February 2022

In 2020, production agriculture contributed more than $125 billion to the nonmetropolitan (rural) economy. It represented almost 6.8% of rural GDP — an increase of more than 30% compared with 2001. Regionally, however, production agriculture’s contribution to the rural economy varies.

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