USDA says farm income is at its highest since 2014, drawing skepticism from the American Farm Bureau.
Farm Bureau Chief Economist John Newton says the improvement in income is being driven by increases in federal support in the form of trade aid and disaster relief. Newton says long term indicators like loan delinquency rates, land values, and financial ratios point to growing stress in agriculture. He adds that farmers need permanent solutions - not government aid - to stabilize income through 2020.
