Source: Jerry Hagstrom, PROGRESSIVE FARMER, 2/20/19

So many farmers are dependent on off-farm income in today's economy that lenders say the worst threat to farmers is a general economic recession, the chief economist for the American Farm Bureau Federation said here Tuesday. "Farm lenders say the reason why we can continue to do what we are doing is off-farm income," Farm Bureau Chief Economist John Newton said during a panel discussion by agricultural economists at the Crop Insurance Industry Convention here.

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