Will some farms be pushed to the brink financially if ad hoc government programs go away in 2021?

Nathan Kauffman with the Federal Reserve Bank of Kansas City says unfortunately, it’s a question that has to be considered given that direct payments accounted for about 40 percent of net farm income this year.

If you take off those government payments, it does represent a decline in farm income. This would’ve been though, before the increases that we saw in commodity prices more recently.”

U.S.

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