A relapse in farm income is expected this year as COVID-19
continues to rattle the ag sector.
Pat Westhoff with the University of Missouri’s Food and Ag Policy
Research Institute tells Brownfield there has been a sharp decline in prices
for a wide variety of commodities.
“If those lower prices persist for the rest of the year, we are going to have much lower receipts for both crop and livestock producers than we would have guessed earlier.