The Fall 2025 Missouri Farm Income Outlook forecasts an increase in net farm income, largely due to a boost in livestock receipts and government payments.

The report — published twice a year by the Rural and Farm Finance Policy Analysis Center at the University of Missouri — provides statewide projections of major farm financial indicators for the state, analyzing cash receipts, production data, government payments and other factors to estimate the state’s net farm income.

Missouri’s net farm income is projected at $5.39 billion in 2025, a 58% increase from 2024.

Other highlights from the report include:

• The state’s projected net farm income increase is substantially higher than the projected 41% increase in U.S. net farm income.

• Total crop receipts are projected to decline slight

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