Ag Industry Support Not Expected to Continue Indefinitely
There is no expectation that the significant federal support the agricultural industry has received over the past four years will continue in 2022.
Tag: farm income
Increases in 2020 Net Farm Income at Risk
Despite the challenges faced by agriculture producers over the past few years, inflation-adjusted net cash farm income is expected to increase nearly 24 percent in 2020.
Net Farm and Cash Farm Income Rapidly Improving
Inflation-adjusted U.S. net cash farm income, which is defined as gross cash income minus cash expenses, is forecast to increase more than $23 billion this year to $134.1 billion in 2020.
Despite COVID-19 Challenges, Midwest Farm Incomes Receive Boost
The Federal Reserve released their latest Beige Book and according to the Chicago Federal Reserve Bank, the COVID-19 pandemic continued to weigh on agriculture incomes.