It is estimated that government payments will make up 36 percent of all net farm income in 2020, with a good portion of that coming from “ad hoc” payments such as MFP, CFAP and PPP, as well as state and regional programs .
Ag economist Brent Gloy says farmers should probably not count on that same level of federal support in 2021.
“There’s chances that that kind of stuff could continue but I think to see payments of this magnitude in the future is going to be a hard push,” he says.
