Wisconsin farmers expected to end year with higher income

Wisconsin farmers expected to end year with higher income Photo: KSTP.

Associated Press
Created: December 30, 2020 07:51 AM

Direct government payments are expected to help Wisconsin farmers end the year with a higher average income than they did in 2019.

The U.S. Department of Agriculture's Economic Research Service estimated in their latest farm financial forecast that net farm income will hit $119.6 billion in 2020, a 41 percent increase from 2019 and the highest income level since 2013.

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