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IPFS News Link • Agriculture

US Farm Income Booms To Near Decade Highs

• by Tyler Durden

Farm income has been struggling over the last decade, but since President Trump's China trade deal and virus pandemic, Beijing has instructed domestic firms to dramatically increase ag imports from the U.S. Prices have also catapulted higher and marked 2021 as a pretty good damn year to be an American farmer. 

USDA estimates farm income from crops to surge around 20% to $230.1 billion in 2021, the second-highest ever, almost surpassing the record in 2012.