News

HASTINGS, Neb. (KSNB) - Nebraska’s net farm income is projected to surge 55% in 2025, reaching a record $9.42 billion, according to new forecasts from the University of Nebraska–Lincoln and the ...
This notification, stemming from an amendment to Explanation 3 of Section 37(1) of the Income-tax Act, 1961, clarifies the non-deductibility of certain expenditures. Section 37 generally allows ...
Yet for the majority of U.S. farm households, income from these off-farm roles is what keeps ... smaller farms often don’t generate enough revenue to cover basic household expenses, let alone reinvest ...
Inadequate financial management can lead to financial difficulties. Without clear control over income and expenses, a family risks falling into debt, lacking funds for essential goals, and facing ...
Net income of $395 million decreased $728 million, driven by lower core income and net realized investment losses compared to net realized investment gains in the prior year quarter. Core income ...
This worksheet has been designed to supplement use of the Global Farm Loss Tool. This worksheet is intended as a convenient document to use for writing down your data. It may be simpler to print this ...
According to new data from the University of Minnesota and Minnesota State, the median net farm income for Minnesota ... looking at opportunities to trim expenses just even a little bit can ...
“Absent tax evasion, these results would seem counter-intuitive,” the paper says, pointing out what appears to be, specifically, under-reporting of farm rent income, and abuse of farmland ...
It’s a change designed to reflect today’s reality; where land values have skyrocketed, but farm income hasn’t kept pace. “This is a simple way of helping our families, our farm community ...
Minnesota farm income plummeted to $21,964 in 2024—the lowest this century—according to University of Minnesota data released April 2025. Crop producers were hardest hit, with median income near zero ...