South Dakota
Latest 2024 farm income forecast shows overall decrease from 2023 • South Dakota Searchlight
Farm income is forecasted to have decreased in 2024 by 4% from 2023, largely because of a decrease in cash receipts, or the gross income, from the sale of commodity crops, according to the December update of the U.S. Department of Agriculture’s farm income forecast.
Carrie Litkowski, the farm income team leader with USDA Economic Research Service, presented the latest update in a webinar Tuesday, and said the forecast was very similar to its previous September iteration.
“But somehow it feels a little more important, as we near the end of the year, to evaluate the current state of the farm economy as a starting point for considering what challenges and opportunities may lie ahead for U.S. agriculture,” Litkowski said.
Net cash farm income for 2024 is projected to be $158.8 billion, which in inflation-adjusted figures is 3.5% lower than net cash farm income in 2023. The forecast shows the 2024 figure, however, is 9.8% above the 20-year average for net cash farm income, and represents a less gradual decline than that of 2022 to 2023.
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Net cash farm income is the income minus expenses of the farm, including government payments, but excluding things like changes in inventories or economic depreciations, which are reflected in the “net farm income” figures.
The sale of agricultural commodities is projected to decrease by less than 1 percent overall as an over 8% increase in animal and animal product receipts nearly offsets the over 9% decrease in forecasted crop receipts.
Because of this, net cash income for all farm businesses specializing in crops is forecasted to be lower this year than last, but all farm businesses specializing in animal or animal products are expect to have higher net cash farm income than they did in 2023.
This could mean lower net cash income for the farming sector in South Dakota for 2024, as the first and third largest category of cash receipts on South Dakota farms in 2023 were corn and soybeans, which are projected to decrease, nationally, by 23% and 14% respectively in 2024.
The data used in the USDA ERS forecasts represents the entire farming sector of nearly 2 million farms and ranches. Litkowski said the reports are used to inform policy makers and lenders, and in determining the ag sector’s contributions to the U.S. economy.
It’s forecasted that farmers in 2024 will have a decreased need of supplemental and disaster assistance, as well as lower dairy margin payments. That will result in a forecasted $1.7 billion decrease from 2023 in direct government payments to farmers.
Litkowski said natural disasters like hurricanes Helene and Milton have not yet shown up in the data, because much of the harvesting in the affected regions had already been completed at the time of the hurricanes, and payments have not yet been issued.
“Natural disasters have the potential to affect farm income, and historically, they have,” Litkowski said. “Sometimes it just takes time to know the impacts.”
USDA also forecasts overall lower input costs, primarily in feed fertilizers and pesticides for farmers in 2024. Other inputs, however, like labor, interest rates and livestock and poultry purchases are forecasted to have increased.
Median farm income for 2024 is expected to increase to $100,634, which is almost 3% higher, without adjusting for inflation, from 2023. Off-farm income, which represents the biggest share of income for most on-farm families, is projected to increase in 2024, after decreasing slightly over the past three years.
Litkowski clarified that “half of all farms are residential farms” where the owner’s primary occupation is not farming, which typically leads the median on farm income to appear as a negative amount.
The forecast will be updated again Feb. 6 when the department will release its first projections for 2025.
South Dakota
South Dakota Power 5 Poll for Jan. 19: Top teams stand firm while rankings jostle below
There were no changes among the No. 1 teams in this week’s South Dakota Power 5 Poll, which was released Monday. However, there was some slight shuffling in each of the top-five rankings.
Sioux Falls Lincoln and Sioux Falls Roosevelt remain at Nos. 1 and 2, respectively in the Class AA boys rankings, and Harrisburg and Spearfish each jumped one spot to Nos. 3 and 4, respectively. Meanwhile, Huron falls two spots to No. 5 in this week’s poll.
In the boys’ Class A rankings, No. 1 West Central, No. 2 Sioux Falls Christian and No. 3 Clark/Willow Lake remain unchanged from last week, while Maĥpíya Lúta vaults up to No. 4, switching spots with No. 5 St. Thomas More.
Viborg-Hurley remains the team to beat in the Class B boys rankings, followed by No. 2 De Smet, No. 3 Castlewood and No. 4 Sully Buttes, all of whom saw no movement in this week’s poll. Wessington Springs replaces Aberdeen Christian for the No. 5 spot in the rankings.
The most shuffling on the girls’ side was in the Class B girls rankings. While No. 1 Lyman and No. 2 Parkston stay put at the top of the poll, Bennett County jumps Centerville for the No. 4 spot, and Ethan replaces Harding County at No. 5.
In Class AA girls, Brandon Valley and O’Gorman went unchanged at Nos. 1 and 2, respectively, while Aberdeen Central vaults ahead of Sioux Falls Washington for the No. 3 spot in the rankings. Rapid City Stevens remains at No. 5.
There was no change among the top four teams in the girls’ Class A rankings, with No. 1 Maĥpíya Lúta, No. 2 Lennox, No. 3 Hamlin and No. 4 Sioux Valley going unchanged. Meanwhile, Wagner replaces Sioux Falls Christian for the No. 5 spot in this week’s poll.
Here’s a look at how this week’s South Dakota Power 5 Poll shakes out.
South Dakota Power 5 Poll (Jan. 19)
Top five teams; first-place votes are listed in parentheses.
Teams receiving votes are the total number of votes, not first-place votes.
Class AA Boys
1. Sioux Falls Lincoln (17)
2. Sioux Falls Roosevelt
3. Harrisburg
4. Spearfish
5. Huron
Receiving votes: Watertown 9, Tea Area 4, Mitchell 1.
Class A Boys
1. West Central (17)
2. Sioux Falls Christian
3. Clark/Willow Lake
4. Maĥpíya Lúta
5. St. Thomas More
Receiving votes: Groton Area 1, Lennox 1, Cheyenne-Eagle Butte 1.
Class B Boys
1. Viborg-Hurley (15)
2. De Smet (2)
3. Castlewood
4. Sully Buttes
5. Wessington Springs
Receiving votes: Wall 2, Deubrook Area 2, Lyman 2, Freeman 1, Aberdeen Christian 1, Parkston 1.
Class AA Girls
1. Brandon Valley (17)
2. O’Gorman
3. Aberdeen Central
4. Sioux Falls Washington
5. Rapid City Stevens
Receiving votes: Mitchell 1, Tea Area 1.
Class A Girls
1. Maĥpíya Lúta (17)
2. Lennox
3. Hamlin
4. Sioux Valley
5. Wagner
Receiving votes: Clark/Willow Lake 4, West Central 4, Sioux Falls Christian 3.
Class B Girls
1. Lyman (15)
2. Parkston (1)
3. Bennett County (1)
4. Centerville
5. Ethan
Receiving votes: Colman-Egan 5, Chester 4, Harding County 2, Waubay/Summit 1, Gayville-Volin 1, Highmore-Harrold 1, Corsica-Stickney 1, Sanborn Central/Woonsocket 1.
Trent Singer is a sports reporter for Sioux Falls Live. He focuses his coverage on Augustana men’s hockey and Sioux Falls area sports. Singer’s previous stops include Just Women’s Sports, the Southeast Missourian and the Kentucky New Era.
The South Dakota Lottery offers multiple draw games for those aiming to win big. Here’s a look at Jan. 18, 2026, results for each game:
Winning Lucky For Life numbers from Jan. 18 drawing
11-18-21-42-48, Lucky Ball: 17
Check Lucky For Life payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your prize
- Prizes of $100 or less: Can be claimed at any South Dakota Lottery retailer.
- Prizes of $101 or more: Must be claimed from the Lottery. By mail, send a claim form and a signed winning ticket to the Lottery at 711 E. Wells Avenue, Pierre, SD 57501.
- Any jackpot-winning ticket for Dakota Cash or Lotto America, top prize-winning ticket for Lucky for Life, or for the second prizes for Powerball and Mega Millions must be presented in person at a Lottery office. A jackpot-winning Powerball or Mega Millions ticket must be presented in person at the Lottery office in Pierre.
When are the South Dakota Lottery drawings held?
- Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
- Mega Millions: 10 p.m. CT on Tuesday and Friday.
- Lucky for Life: 9:38 p.m. CT daily.
- Lotto America: 9:15 p.m. CT on Monday, Wednesday and Saturday.
- Dakota Cash: 9 p.m. CT on Wednesday and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by a South Dakota editor. You can send feedback using this form.
RAPID CITY, S.D—Multiple people were injured in a single vehicle rollover crash Friday evening in Rapid City.
Police say the crash happened around 6pm in the 2500 block of Arrowhead Drive.
Medical units responded to the scene and found a rolled vehicle with multiple occupants.
All occupants were transported to the hospital with serious injuries.
The Rapid City Police Department is investigating the cause of the crash
Melissa is a graduate of NC State University with a degree in Communication and Media. Go Pack!
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