Nebraska’s farm income is projected near $7.8 billion in 2023, according to a new report from the Rural and Farm Finance Policy Analysis Center (RaFF) at the University of Missouri, produced in conjunction with the Center for Agricultural Profitability at the University of Nebraska-Lincoln.
The report, “Fall 2023 Nebraska Farm Income Outlook,” indicates that Nebraska’s stronger 2023 farm income projection is driven largely by higher livestock prices and recovery in ending year inventories and values.
The last report, published in March, projected 2023 farm income in the state at $7.3 billion, up from a projected $7.1 billion in 2022. Continue reading on the Center for Ag Profitability website.
Topics covered:
Budgets & cost of production, Marketing, budgets & management
