Based on the data in the latest 2020 Farm Income Forecast released by the USDA Economic Research Service (ERS) in early December, U.S. net farm income is expected to increase by $36 billion or 43 percent above 2019 levels.
The 2020 net farm income is now estimated at $119 billion, which would be the highest inflation-adjusted net farm income since 2013 and is 32 percent above the 20-year (2000-…
2020 farm income
- By Kent Thiesse, Farm Management AnalystDecember 28, 2020
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