net cash farm income

AFBF Looks At What’s Driving Farm Income Higher
AFBF Looks At What’s Driving Farm Income Higher
Earlier this week, we told you USDA projects 2022 calendar year net farm income up nearly $20 billion, or 13.8% from 2021.  What’s driving that increase?   “Predominantly, this is a price play with 97% of that increase in cash receipts attributable to increases in price," said American Farm Bureau Federation Senior Economist Veronica Nigh.  "Now, it's not just all ...