We prove that a commutative parasemifield S is additively idempotent provided that it is finitely generated as a semiring. Consequently, every proper commutative semifield T that is finitely generated as a semiring is either additively constant or additively idempotent. As part of the proof, we use the classification of finitely generated lattice-ordered groups to prove that a certain monoid associated to the parasemifield S has a distinguished geometrical property called prismality.2010 Mathematics Subject Classification. primary: 12K10, 16Y60, 20M14, secondary: 11H06, 52A20.This statement can be now understood as an extension of the folklore theorem referred in the beginning, i.e., that every (commutative) field that is finitely generated as a ring is finite. Of course, the greatest difference is the existence of additively idempotent semifields.Since every semifield is clearly ideal-simple, part (b) of the theorem follows immediately from (c). Also, one can be slightly more precise in the additively constant case: this occurs if and only if there is a finitely generated (multiplicative) abelian group G(·) and the semiring is the semifield S := G ∪ {o}, where o is a new element. Operations that extend the multiplication on G are defined by a+b = o and a·o = o for all a, b ∈ S.