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Could 2021 Net Farm Income Really Drop? Here's Why USDA’s First Forecast May Be Too Low

The net farm income story this year is far from over. Farmer Mac’s chief economist says history shows USDA’s initial look at net farm income is typically too low and this year may be no different.

No matter what size of business you have now or wish to build, you can convert your business to enterprise level at any point.?
Small or Large Business: Go To The Enterprise Level

No matter what size of business you have now or wish to build, you can convert your business to enterprise level at any point.?

USDA’s first look at?farm income shows without continued ad hoc government payments, which reached a record last year, net farm income will drop this year.
With Fewer Government Payments, USDA Forecasts Farm Income to Fall in 2021

USDA’s first look at net farm income shows without continued ad hoc government payments, net farm income will drop this year.

What Farmers Need to Know About USDA Suspending Farm Loan Debt Collections

COVID-19’s ripple effect has again hit the farming community. This time, USDA responded by announcing a temporary suspension of past-due debt collections and foreclosures for borrowers.

Screen shot of USDA's CFAP webpage.
USDA Freezes $2.3 Billion Supplemental CFAP

USDA late Wednesday posted notice that $2.3 billion in supplemental Coronavirus Food Assistance Program (CFAP) payments will be temporarily frozen.

The rural economy is slowly improving after being crashed by the COVID-19 pandemic in 2020.
Rural Bankers Share Top Concerns Index

The rural economy is slowly improving after being crashed by the COVID-19 pandemic in 2020.

Set price expectations and evaluate your options.
Tips for Choosing ARC or PLC

Set price expectations and evaluate your options.

The theme for the 2021 Top Producer Summit is “Breaking New Ground.”
Join Us for the 2021 Top Producer Summit

The theme for the 2021 Top Producer Summit is “Breaking New Ground.”

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