By Mary Ann Rotert
The Spring 2026 Farm Income Outlook for Missouri forecasts a decrease in net farm income, driven mainly by a decline in livestock receipts, according to the Rural and Farm Finance Policy Analysis Center (RaFF) at the University of Missouri.
Published twice a year, the report provides statewide projections of major farm financial indicators for Missouri, 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 $4.84 billion in 2026, a 6% decrease from 2025.
Other highlights from the Spring 2026 report include:
- Missouri’s projected 6% decline in net farm income is substantially larger than the projected 1.5% decrease in U.S. net farm income for 2026 projected by the Food and Agricultural Policy Research Institute at the University of Missouri (FAPRI-MU).
- Total crop receipts are projected to decline slightly (-2%) to $6.47 billion, as Missouri’s total crop area is expected to decline by 248,000 acres in 2026, contributing to lower production across major field crops.
- Livestock receipts are projected lower (-11%) to $7.38 billion in 2026. This decline is mainly supported by an $803 million decline in egg receipts, as egg prices are projected to drop 70% in 2026.
- Production expenses are projected to remain stable in 2026, at $12.24 billion. Input costs are mixed in 2026, with declines in feed and seed expenses partially offset by increases in purchased livestock, fertilizer, and fuel and oil costs, while lower interest expenses and net rent may provide some relief.
Source : missouri.edu