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Farm income expected to rise in 2021, but so are expenses

09/02/21 3:41 PM By Ben Nuelle
KEYWORDS ag economy Ben Brown Carrie Litkowski cash receipts cattle corn Economic Research Service farm income government payments hogs livestock poultry row crops soybeans University of Missouri USDA wheat
Farmers' financial earnings are expected to increase this year, but fewer government payments and increased production costs will likely offset higher cash receipts, USDA's Economic Research Service said Thursday in its Farm Sector Income forecast.
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Ben Nuelle
Associate Editor

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