C-FARE Webinar Sept. 9, 2019 — Current Trends in U.S. Farm Income, Volatility, and Farmland Values
Presenters:
Over the last decade, the agricultural economy has changed dramatically, with consecutive year-on-year declines in farm income despite strong crop and livestock yields. There are indicators that this year farm income may hover around $70 billion — little more than half the income just six years earlier in 2013, $123.8 billion. This is due to several overarching economic issues. Producers continue to spend down cash savings and liquidate inventories. These factors and others are pushing many farmers out of farming. Analysts and researchers will discuss the current condition, approaches for communicating and assisting farmers, and the latest policy research and recommendations.