USDA is projecting that net farm income will increase sharply this year, largely due to an infusion of $31 billion in disaster aid and market relief assistance provided by Congress in December. Net ...

BOONE, Iowa — Farm income from 2021-2023 was the best when compared to other three-year cycles in the past 50 years, said USDA Secretary of Agriculture Tom Vilsack at Farm Progress in Boone, Iowa, on ...

The Agriculture Department is lowering its forecast for farm earnings in 2025 as declines in the crop sector more than offset soaring incomes for cattle producers. Net cash farm income, a measure of ...

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

The University of Minnesota and the Southern MN Agricultural Center of Excellence released the 2024 Farm Business Management Summary for southern Minnesota earlier this spring. The summary showed that ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...