KFMA: Government payments, crop insurance bolster 2024 net farm income

Accrual net farm income steady in 2024

MANHATTAN, Kan. – Government payments and crop insurance helped to keep Kansas accrual net farm income mostly steady in 2024 compared to 2023, according to a report from the Kansas Farm Management Association.

KFMA Executive Director Mark Dikeman said his organization’s analysis indicates an average net farm income of $98,583, down just slightly from $100,618 i…