Livestock production drives the rise while corn and soybean prices continue to lag, creating further uncertainty. 

U.S. farm sector profits are projected to rise in 2025 on the strength of strong income from livestock production, while corn and soybean prices remain suppressed by expectations of a big harvest.

U.S. net farm income is forecast to increase by more than 40% to $179.8 billion this year, a significant boost that would place profits well above the 20-year average, according to the U.S. Department of Agriculture’s (USDA) Economic Research Service (ERS). The latest farm income forecast, released Sept. 3, represents an increase of $52 billion from 2024...