
USDA's latest farm income forecast projects 2025 net farm income of $180.1 billion, up $41 billion from 2024. The agency lowered its 2024 estimate to $139.1 billion.
The rise is driven mainly by disaster and economic assistance payments, and the Farm Bureau says the rebound overstates underlying farm health.
The projected income rise is largely government aid rather than market strength, so it does not signal stronger commodity demand. Farmers still face low prices and tariff risk, which may limit spending on feed and inputs.
After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.