Mississippi row crop producers are bracing for another challenging year in 2026, according to experts at the Mississippi Agricultural Outlook Conference held Jan. 13 at Mississippi State University. Despite a $12 billion farm aid package announced by the U.S. Department of Agriculture, producers can expect tighter margins and ongoing uncertainty.
Alejandro Plastina, agricultural economist at the University of Missouri, forecasted a 10 to 11 percent drop in net farm income for 2026 compared to 2025, even after factoring in the aid payments. “Government payments will play a major role, but regional disparities in farm income are likely to widen,” Plastina said.
Soybean growers, Mississippi’s largest row crop producers, face reduced export demand due to U.S.-China trade tensions and competition from Brazil. The USDA projects a marketing year average price of about $10.20 per bushel for soybeans, slightly higher than 2025 but below earlier estimates. Mississippi Soybean Promotion Board Chairman Wayne Dulaney noted that tariffs had limited impact on prices, and the $12 billion aid will only partially offset losses.
On the livestock side, Mississippi State University Extension economist Josh Maples highlighted strong cattle prices continuing into 2026, driven by low cow-calf inventory and steady consumer demand. Retail beef prices topped $9 per pound in 2025, reflecting tight supplies and producers holding onto breeding stock.
MSU Extension Director Angus Catchot emphasized the importance of risk management and financial planning amid uncontrollable factors like commodity prices and labor shortages. The conference expanded this year to include sessions on farm financial statements and budgeting to help producers navigate the tough landscape.
With disease outbreaks such as African Swine Fever and Avian Influenza still threatening markets, and trade uncertainties looming, Mississippi’s agricultural sector faces a complex year ahead.
