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Source: Jacqui Fatka, FARM PROGRESS, 12/24/20
This year farmers saw high levels of net farm income, second only to the record set in 2013. However, when $446 billion of the $120 billion coming from direct federal support, it sets the table for an important discussion of how much is too much government support headed to farmers. Nick Paulson, University of Illinois assistant professor and ag economist, says it may be time for the agricultural sector to “rethink their ask” on what groups request from Congress in formalizing programs that provide that necessary support and safety net for the farming sector. “It’s time for those in the agriculture industry to justify the support we receive,” he adds. For more of this story, click here.
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