Producers may want to consider income averaging to help with fluctuations

Farmers are working to navigate current economic conditions in agriculture. While 2022 will likely be a good income year for many, 2023 might be quite different. One tool for “smoothing out” fluctuations from year-to-year is income averaging.

Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Tammi Arender on what is eligible, what producers need to know, and any limitations.


Watching crops grow and profit margins shrink

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Experts say farm income will fall this year, but growers can still profit

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