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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“Getting this across the finish line is crucial to providing certainty to our farmers and ranchers.”
Wholesale egg prices decreased by 64% from their peak in late 2024, while retail prices have dropped by 27%, according to a recent USDA update.
“We’re actually seeing a decline in the prevelence of vegan, vegetarian diets. We’re seeing more interest in meat protein in general.”
