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Energy payments to farmers closely tracked oil prices from 2011 to 2020

  • Farm Sector Income & Finances
Bar and line chart showing average annual energy payments and oil prices from 2011 to 2020.

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Commercial energy payments can be a substantial source of income for farmers who host resources such as oil, natural gas, and wind on their land. The amount of the payments, which averaged $30,482 annually in 2020 dollars per farm, depends on farm size, market conditions, and location.

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