Nebraska’s net farm income is projected to rise by 42% in 2025, reaching $8.42 billion, according to a report from the University of Nebraska–Lincoln and the University of Missouri. U.S. farm income is also expected to increase by 41%. The $2.48 billion increase over 2024 is mainly due to higher livestock receipts and increased government payments. Crop receipts are expected to decline.
The Fall 2025 Nebraska Farm Income Outlook, produced by the Center for Agricultural Profitability at Nebraska and the Rural and Farm Finance Policy Analysis Center at Missouri, states that total farm receipts in Nebraska are expected to grow by $1.85 billion, or 5%. Livestock receipts are projected to increase by $3.22 billion (16%), which is more than the $576.65 million (5%) decrease in crop receipts. Government payments to Nebraska producers are expected to exceed $2 billion in 2025, mainly from economic and disaster assistance under the American Relief Act passed in late 2024.
The report notes that some government payments may be delayed into 2026 due to ongoing signups and possible federal government shutdowns. The projections do not include any unapproved aid programs. Brad Lubben, an agricultural policy specialist at Nebraska, said that government payments and higher cattle prices are supporting income, but many producers still face tight margins and difficult conditions…