Economic Information Bulletin No. (EIB-228) 62 pp

November 2021

Agricultural Income and Finance Situation and Outlook: 2021 Edition

The agricultural economy experienced pronounced volatility over 2009–19, including strong periods of expansions in the first part of the decade followed by several years of contraction. This report presents and assesses recent trends in three major areas of farm finance: farm income, Government payment programs, and Chapter 12 bankruptcy eligibility and rates.

Keywords: Farm financial performance, farm income, family farms, farm households, government payments, Agricultural Resource Management Survey, ARMS, bankruptcy rates, Market Facilitation Program, ERS Farm Resource Regions

In this publication...