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AFBF economist says off-farm income is keeping farmers going

By Erin Anderson May 6, 2025 | 1:27 PM

An economist with the American Farm Bureau Federation says off-farm income is helping keep U.S. farming operations afloat. Danny Munch says a recent Market Intel Report shows 98% of farms receive some form of off-farm income. “The average on farm income was a loss of $900 in 2023,” he says. “That means that numerically, most […]

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