April 28, 2026

Indiana Farm Income Outlook Report, Spring 2026

The Spring 2026 Indiana Farm Income Outlook, published by the Rural and Farm Finance Policy Analysis Center (RaFF), provides updated projections for Indiana farm profitability through 2027. The report highlights a projected 28% decline in Indiana net farm income in 2026—driven primarily by lower livestock receipts and higher production costs—while increased government payments partially offset the downturn. It also examines trends in crop and livestock markets, input costs, and policy support, offering insight into the factors shaping farm financial performance and risk in the year ahead.

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RELATED RESOURCES

Comparison of Long-Run Rates of Return for Crop and Livestock Farms

August 13, 2026

Have crop farms or livestock farms generated better long-run returns? Michael Langemeier compares rates of return for beef, dairy, diversified, and crop farms from 2007–2025, revealing why recent livestock price strength hasn’t translated into a clear long-run advantage.

Phosphate, Supply Chains & the 2027 Fertilizer Shock

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AgCast relaunches with Episode 1 featuring a deep dive into phosphate fertilizer, global supply chains, and what tightening input markets may mean for farm profitability and fertilizer decisions heading toward 2027.

Farm Income Outlook for Indiana

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Weathering Water Extremes: Connecting Soil Health, Drainage, Irrigation, and Farm Resilience

Join educators from across the Midwest to build skills for communicating soil health concepts on Nov. 4-5, 2026. In the field, we’ll evaluate the relationship between soil health and water management focusing on irrigation and edge of field practices. The in-service will have both classroom and on farm demonstrations.

Land of Opportunity: A Conference for Farmland Owners!

The Land of Opportunity: A Conference for Farmland Owners will be held at two locations on October 5 and October 6, providing farmland owners with valuable information and resources to help them make informed decisions about their land. The conference will feature keynote presentations, educational breakout sessions, and networking opportunities designed specifically for those who own, manage, or have an interest in farmland.

2026 Crop Cost and Return Guide

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The 2026 Purdue Crop Cost and Return Guide provides estimated costs and net returns for planting, growing, and harvesting corn, soybeans, and wheat in the upcoming year. Cost and return information presents information for low, average, and high productivity soils. Early projections point to slightly higher breakeven prices.

2025 Farmland Values & Market Trends

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Purdue ag economists Todd Kuethe and Michael Langemeier as they discuss Indiana farmland values on this, the first of two episodes reviewing the 2025 Purdue Farmland Values and Cash Rental Rates survey results. The survey shows Indiana land prices continue to rise and are anticipated to continue a modest increase for the rest of 2025 for most of the state.

Farmland Prices Increase Despite Downward Pressure, Purdue Ag Econ Report August 2025

August 19, 2025

Indiana farmland prices have continued the trend of record highs in 2025, according to the latest Purdue Farmland Value and Cash Rents Survey results. The average price of top-quality farmland reached $14,826 per acre, a 3.0% increase from June 2024. Statewide, cash rents increased from 1.5 to 1.7% for poor-, average-, and top-quality land.