Source: Clifton Griffiths, AGWEB, 1/23/20


Overall, net farm income, was forecast by USDA's Economic Research Service (ERS) to increase 10% to $92.5 billion in 2019.  However, a portion of that income, $22.4 billion, came from direct government farm payments including the trade related Market Facilitation Program.  Up to $14.5 billion was authorized to be paid to farmers in 2019 and according to the latest numbers nearly $11 billion of that has gone out.

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