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outlook

Indiana Farm Income Outlook Report, Spring 2026

U.S. farm income in 2026 appears stable, but increased government payments are masking weaker livestock receipts and rising costs. Indiana faces a sharper decline, with net farm income projected to fall 28%, highlighting tighter margins and growing financial pressure heading into 2027.

Farm Income Outlook for Indiana

Farm income in Indiana gets a boost in 2025, but 2026 projections show renewed financial pressure. Here’s what’s driving receipts, expenses, and net income.

Indiana Farm Income Outlook Report, Fall 2025

The Fall 2025 Indiana Farm Income Outlook, published by the Rural and Farm Finance Policy Analysis Center (RaFF), provides updated projections for Indiana farm profitability through 2026.

Projected Net Income per Acre for West Central Indiana Case Farm

For a state such as Indiana, which is heavily reliant on corn and soybean receipts, the latest USDA-ERS net farm income forecast seems counter-intuitive. After two strong net farm income years in 2021 and 2022, net farm income has been below average for crop farms. Current projections for 2025 and 2026 suggest that net farm income will remain below average through at least 2026.

Indiana Farm Income Outlook Report, Spring 2025

The Spring 2025 Indiana Farm Income Outlook, published by the Rural and Farm Finance Policy Analysis Center (RaFF), provides updated projections for Indiana farm profitability through 2026. The report highlights a projected 40% increase in Indiana net farm income in 2025—driven largely by higher government payments—and offers insight into trends in crop and livestock markets, production expenses, and policy impacts.

The Outlook for Corn & Soybeans

Host Brady Brewer provides a recap of Dr. Chad Hart’s presentation on the 2024 agricultural crop market outlook at the Purdue Top Farmer Conference on the latest episode of the Purdue Commercial AgCast. Dr. Hart, a professor and crop marketing specialist at Iowa State University, explores the shift to “normalcy” for crop prices and farm incomes in 2024.

Cattle Outlook

Slidedeck presentation by James Mintert given at the Livestock Marketing Information Center’s Industry Outlook Conference on October 25, 2023.

Ag Economy Outlook & Financial and Risk Management Strategies for 2023

Slidedeck presentation by James Mintert given in Kokomo, Indiana on March 21, 2023.

What Farmers Are Telling Us About Their Farms & The Ag Economy

Slidedeck presentation by James Mintert given in Reynolds, Indiana as part of the White County Farm Management Workshop on February 28, 2023.

February Corn & Soybean Outlook Update

Recorded February 10 | Purdue agricultural economists Nathanael Thompson, Michael Langemeier, and James Mintert discussed the corn and soybean outlook following USDA’s February World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.

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