Farm Income and Farm Program Payments Update (Oct. 15, 2020 webinar)
October 16, 2020
With Brad Lubben, associate professor and extension policy specialist, Department of 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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