Agriculture economist David Widmar is generally positive about the farm economy despite its uncertainties. Widmar, a co-founder of Ag Economic Insights, tells Brownfield record 2020 farm program payments softened the farm economy’s downward spiral. Direct federal farm payments will help in 2021, but not to the extent of the $46 billion paid in 2020.
“We’re thinking in the neighborhood of $18 billion,” Widmar told Brownfield Ag News, “which would still be historically high.”
Widmar estimates 2021 net U.S.
