DES MOINES, Iowa -- The U.S. Department of Agriculture released a new report where net farm income projections are expected to increase in 2025, but the margins are expected to grow thinner for farmers.

According to the Economic Research Service for the USDA, crop receipts are expected to drop year over year. Farmer income in 2024, at a national level, for corn was $63.4 billion, and the forecast in 2025 is $61 billion. Soybean farmer income in 2024 was at $46.8 billion to the projected $43.5 billion in 2025; and for wheat in 2024 an $11.2 billion farmer income level is expected to drop to $10.1 billion in 2025.

"When it comes to selling into the market, you may not have as much of an ability on the market selling side, which can be a challenge," said Jennifer Zwagerman, Director of the

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