Net farm income in Arkansas is expected to rise 22% this year, reversing a two-year decline in the state. However, it is largely being driven by economic and weather-related disaster assistance.
University of Arkansas Extension Economist, Dr. Hunter Biram, spoke with RFD-TV’s Tammi Arender on previous trends, main contributing factors, and what producers need to keep in mind.
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“We lost 150,000 farmers and farms in the last four years, a disaster that nobody’s talking about.”
“Farmers want to feed people. They want to keep farming. They’re counting on Congress to live up to its obligations.”
“It keeps the land in ag production and provides our retiring farmers with a viable retirement option.”