Net Farm Income Drops
6 months ago
he combined weight of drought, low commodity prices and high input costs brought net income down in 2023 among farms listed in the Kansas Farm Management Association’s database. KFMA Executive Director Mark Dikeman said 2023 net income among the 823 Kansas farms studied fell to $98,299, nearly $80,000 less than the state’s net farm income in 2022. “The story ...
he combined weight of drought, low commodity prices and high input costs brought net income down in 2023 among farms listed in the Kansas Farm Management Association’s database. KFMA Executive Director Mark Dikeman said 2023 net income among the 823 Kansas farms studied fell to $98,299, nearly $80,000 less than the state’s net farm income in 2022. “The story ...