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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Plan for sharp, short-term volatility after unexpected outages; permanent closures rarely trigger major price spread disruptions.