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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“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
“We raise one-third of the total U.S. pigs raised here come from Iowa. So, one out of every three pigs is raised right here in Iowa.”
