Farm Income and Farm Program Payments Update (Oct. 15, 2020 webinar)

Department of Agricultural Economics Author
10/16/2020 Added
74 Plays

Description

With Brad Lubben, associate professor and extension policy specialist, Agricultural Economics. Farm program payments are a significant part of the bottom line for farmers and ranchers in 2020, whether from existing commodity programs, agricultural disaster assistance, or trade and COVID-19 relief. This session will review current program details and projections, including ARC and PLC payments due to producers in October (for the 2019 crop year). A broader outlook for farm income based on national projections from USDA in early September and state-level analysis will provide a baseline for economic outlook and farm policy issues and decisions moving forward.


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