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Farm bill extension provides time to improve farm safety net

A northeastern Illinois farmer says the recent extension of the farm bill gives Congress more time to make improvements to the farm safety net. Chris Gould, who farms in Kane County and serves as a director with the Illinois Corn Growers Association (ICGA), says...

Minnesota dairy farmer wants improved safety net

A Minnesota dairy farmer hopes improvements to the dairy safety net are included in the next farm bill. Fran Miron of Hugo says Dairy Margin Coverage calculations need to be updated to reflect current costs of production. “And what farmers need in the way...

Nebraska 2024 net farm increase expected to decrease

An ag economist with the University of Nebraska says he expects 2024 net farm income to decrease for several reasons. On this week’s episode, Brad Lubben explains more about why the downtrend continues, despite records set the year prior. He also explains what changes...

Nebraska’s 2024 net farm income expected to decrease

An ag economist says Nebraska’s 2024 net farm income is expected to decrease. Brad Lubben, with the University of Nebraska tells Brownfield… “A big drop in crop receipts, continued pressure on production costs and that ends up with about a $1.5 billion decline in...

A lower net farm income expected in MO

Missouri’s net farm income is expected to decline again this year for the second year in a row. In a new report, the University of Missouri’s Rural and Farm Finance Policy Analysis Center says 2024 net farm income is $3.66 billion. However, this is...

Lower crop prices mostly responsible for net farm income decline

The director of the University of Missouri’s Food and Ag Policy Research Institute says lower crop prices take most of the blame for a continued decline in net farm income. Pat Westhoff tells Brownfield there’s lower crop prices across the board. “If you take...

Kansas net farm incomes projected to slightly rebound in 2024

An ag economist is forecasting a slight increase in net farm income for Kansas farmers this year. Kansas State University’s Gregg Ibendahl says net farm incomes for 2024 are projected to average around $120,000, up from $89,000 in 2023. “Even though it’s a bounce...