High costs of owning machinery are leading more farmers to hire out custom work on their operation. Kent Thiesse gives a look at how those custom farm costs look for 2025. Hiring custom farm work like ...
Many farm operators provide some type of custom work or use of farm machinery to other farmers during the growing season, and payment is usually made following the completion of the harvest season.
Largely driven by a surge in disaster and economic government assistance, USDA’s latest farm income forecast projects a significant but misleading rebound in net farm income for 2025, rising to $180.1 ...
USDA projects net farm income will slip lower in 2026 and remain roughly $48 billion (24%) below the record highs reached in 2022, underscoring a generational downturn in the farm economy. Strength in ...