Kansas Net Farm Income Report

A detailed look at the just-released Kansas Net Farm Income report for 2018 from the Kansas Farm Management Association at K-State. This report is widely regarded as an important indicator of the economic health of production agriculture in the state. This year it shows a notable improvement in average net farm income, but with a major caveat that must be taken into account: the impact of the Market Facilitation Payments program. Kevin Herbel and KFMA economists discuss NFI across the six regions of the state and also take a look at the ongoing challenges in farm equity.