Rural & Farm Finance Policy Analysis Center (RaFF)
@RaFFfinance
Through objective analysis, we study what issues affect farm and rural finances and how policy decisions influence outcomes in U.S. farm and rural communities.
A new Policy Brief from RaFF --
Farm Cash Receipts Expected Impact on the Iowa Economy: 2026
Estimated ripple effects from #IowaAg's projected $38.5B in 2026 farm cash receipts:
👥 ~175,000 jobs
💰 +$24.7B state GDP
🪙 +$3.7B tax rev
Read more here: https://t.co/JWRJcZ233F
🆕 RaFF Policy Brief: A Review of Recent Farm Income Outlook Reports: Spring 2026
An excellent recap of 10 state-level reports, it provides summaries of national trends, state trends, and uncertainties. Charts and tables included.
🔗 Read it here: https://t.co/JWRJcZ233F
🆕 New RaFF Report: Leading Indicators of Farm Financial Stress: Spring 2026. Expert economists see moderate risk overall. Real U.S. net farm income is projected at 96% of 2023 levels in 2026 and 80% by 2027.
🔗 Read it here: https://t.co/MpCftj9OXW
❕Attention #MissouriAg ❕Join RaFF's inaugural Spring 2026 Farm Income Outlook webinar: Tues, May 5, at noon.
Our experts will present findings and take your questions. Practical insights for the year ahead!
🔗Register to get the link: https://t.co/vX6584wHV2
➡️ Available now: Spring 2026 Farm Income Outlook for Illinois
Illinois net farm income is projected at +11% in 2026, driven by a $1.29B increase in govt payments. Other highlights:
🌽 Crop receipts -1%
🥚 Livestock receipts -5%
📉 Expenses +1%
Read it: https://t.co/l5mcuhVKai
➡️ Available now: Spring 2026 Farm Income Outlook for Arkansas
📰 Net farm income (NFI) in Arkansas is projected steady in 2026, due to a 179% surge in govt payments ($1.75B).
🌱 Crop receipts -5%
🐔 Livestock receipts -5%
📉 Expenses +1%
Read it here https://t.co/l5mcuhVKai
➡️ RaFF's Spring 2026 Farm Income Outlook for Nebraska projects net farm income to hit $9.96B in 2026 (+12%):
💲Government payments +71%, now a key stabilizer
🐮 Livestock receipts +3%
🌽 Crop receipts +4%
📉 Record expenses with fuel +26%
🔗Read more: https://t.co/l5mcuhWhZQ
➡️ Available now: Spring 2026 Farm Income Outlook for Indiana
Net farm income in Indiana is projected to drop 28% in 2026 to $3.15B.
🌽 Crop receipts are steady to slightly lower
🥚 Livestock receipts -21%
📉 Expenses +2%
Read it at RaFF: https://t.co/l5mcuhVKai
➡️ Available now: Spring 2026 Farm Income Outlook for North Dakota
2026 net farm income for North Dakota projected at $4.46B (+42%).
Other projections:
💲Govt payments total $1.59B
🐮 Livestock receipts up 11%
📉 Record-high expenses
🔗 Read it here: https://t.co/l5mcuhVKai
Missouri feeder #cattle prices are at historic highs—what’s driving them? A new RaFF Policy Brief is a must-read for #MissouriAg: data-driven insights to manage price risk, plan marketing strategies, and navigate the current cycle.
Only available at RaFF: https://t.co/JWRJcZ233F
📰Available now: Spring 2026 Farm Income Outlook for Minnesota
Minnesota net farm income is projected at $6.38B (+5%) in 2026:
💲Government payments: +58%
🌽 Crop receipts: +7%
🐖 Livestock receipts: variable
📉 Expenses: +1%
🔗 Read the report: https://t.co/l5mcuhWhZQ
Available now: Spring 2026 Farm Income Outlook for Iowa
📉 We project net farm income falling 4% to $10.7B in 2026.
Driven by:
🥚 Declining livestock receipts (-4%)
🌽 Slightly increasing crop receipts (1%)
💲 Govt payments (+62%)
🔗 Read more at https://t.co/l5mcuhWhZQ
Available now: Spring 2026 Farm Income Outlook for #Kansas
📈Kansas net farm income is projected to rise 10% in 2026, even as U.S. net farm income declines. Driven by:
💲government payments
🐮strong cattle prices
🌽stable crop receipts
Read the report: https://t.co/l5mcuhVKai
Available now: Spring 2026 Farm Income Outlook for Missouri
📉 A trend of tighter margins continues. Net farm income is projected to fall 6% in 2026
🐔 Livestock receipts projected down 11% ($0.95B).
🌽Crop receipts projected down 2% ($0.1B).
Read more at https://t.co/RfksZIO9ZL
📰 Farm Income Outlooks Update: Global events are shaping the future, and we want to make sure our projections are solid before we hit "publish." Being transparent and careful matters to us — and so does your trust in our work. Stay tuned! The reports will be published soon.
Spring 2026 Farm Income Outlooks are on the way! State-level reports for Missouri, Arkansas, Illinois, Indiana, Iowa, Kansas, Minnesota, Nebraska, North Dakota and Texas will include net farm income projections.
Get the announcement in your inbox: https://t.co/8UPkgzdFdh
RaFF recently convened the first meeting of Missouri’s Early Warning System (EWS) Committee. Discussion included emerging financial conditions in the farm economy and how producers are navigating current economic pressures.
Read this report and more at https://t.co/liyFK2pUQU
Policy Brief: Strategic Policy Alternatives to Support Conservation Practices
➡️3 scenarios for EQIP policy design and simulated results on their adoption when farmers can also stack payments from voluntary private carbon initiatives (VPCIs).
Read it at https://t.co/E3espNiNLJ
📢 New Policy Brief: Final estimates for 2024 ARC-CO and PLC program payments. 📈
Total payments projected at $2.34 billion for all commodities. Report provides insights into distribution, state-by-state impact, commodity breakdowns and maps by county.
https://t.co/JWRJcZ2ATd
📰 AVAILABLE NOW 📰 SHOW-ME 2026: MISSOURI AGRICULTURAL OUTLOOK
📈 📉 RaFF's 2026 Missouri Agricultural Outlook is now available. It is an essential roadmap for producers and stakeholders regarding economic shifts in the ag landscape. 📈 📉
https://t.co/616KiWkLEk