Farmer Mac’s Jackson Takach returns with a title update and a clear read on the new USDA outlook. He unpacks why USDA revised 2025 net cash farm income down by about 30 billion dollars, then sets 2026 at 158 billion dollars with roughly 44 billion dollars of support payments, about 30 percent of profits. Inputs are still high for grains and oilseeds, while protein sectors benefit from cheaper feed and steady demand. Land values look similar to 2025 with strength in cattle and recreational areas, caution in the Delta, and water-sensitive pockets out West. Jackson closes with rate risk, fertilizer and trade wildcards, and a simple plan for producers to time operating, intermediate, and long-term debt.
Related
Related Insights
Webinar: The Future of Agricultural Lending: What Will Differentiate Winning Banks Over the Next Decade
Featuring Dr. David Kohl & Jackson Takach Tuesday, Oct. 13 | 1 p.m. (Eastern)45-minute session followed by a Q&A Register for the Webinar Ag lending...
17 September, 2026
Anatomy of the Big One: Red Flags in Large Ag Loans
Throughout the decades I have been involved as an educator in agricultural finance, an all-too-familiar pattern has emerged for large agricultural...
8 September, 2026
Ag Economy Quarterly Summary - Q2 2026
The Ag Economy Summary is Farmer Mac's quarterly analysis of the trends influencing agricultural profitability, rural lending, and the broader farm...
3 September, 2026