USDA Forecasts Near Average 2020 Net Farm Income

USDA is forecasting 2020 net farm income to increase 3.3 percent compared to 2019. Net farm income is expected to hit $96.7 billion in 2020, an increase of $3.1 billion compared to 2019. However, USDA expects 2020 net cash farm income to be down nine percent to $109.6 billion. Total direct government payments to the […]