By Scout Nelson
Nebraska’s farm income outlook remains uncertain as the state moves toward 2026. Recent projections highlight a mixed financial picture shaped by shifting commodity markets, rising expenses, and increased government support.
Updated forecasts from the Center for Agricultural Profitability and the Rural and Farm Finance Policy Analysis Center estimate Nebraska’s net farm income at $8.4 billion for 2025. This represents a strong increase over 2024 but falls short of the record levels predicted earlier in the year.
The overall gain hides major differences between the crop and livestock sectors. Crop receipts in Nebraska have fallen sharply since their peak in 2022. Total crop revenue is projected to drop from $16 billion in 2022 to $11.4 billion in 2025. Corn and soybeans, the state’s two major crops, account for most of this decline. Lower grain prices and reduced crop revenues continue to pressure farm earnings across the state.
In contrast, livestock receipts have risen dramatically. Projections show livestock income jumping from $11 billion in 2020 to more than $23 billion in 2025. Strong cattle prices have led this surge, helping support overall farm income even as crop revenue declines. Livestock performance remains the key driver of Nebraska’s positive income outlook.
Government payments are also playing a major role. Payments for 2025 are projected at $2.2 billion, a significant increase from the previous year. Much of this support comes from recently approved assistance programs, with additional payments expected to carry into 2026 due to enrollment delays. These estimates do not include any new, unannounced aid that may be introduced later.
However, higher production costs continue to challenge the sector. Total expenses for 2025 are expected to reach a record of $30.4 billion. Increased spending on purchased seeds, livestock, and other inputs contributes to the rising financial pressure. Although feed costs have declined with lower grain prices, the overall cost burden remains high.
Looking toward 2026, Nebraska’s income forecast appears stable but uncertain. Market shifts, global trade changes, and evolving policy decisions will continue to shape the financial landscape for the state’s agricultural industry.
Photo Credit:gettyimages-ahavelaar
Categories: Nebraska, Crops, Corn, Soybeans, Government & Policy, Livestock, Beef Cattle, Dairy Cattle