More than 70% of farm household income comes from off-farm sources, underscoring the essential role of additional outlets to help cope with market volatility and keep the operation viable.
AFBF Economist Danny Munch spoke with RFD-TV’s Jennifer Vickery Smith about the findings of their report, who is most reliant on off-farm income, and how we can better support U.S. ag.
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$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”
