Arkansas net farm income is expected to decline this year as producers continue coping with lower crop prices.
However, the projected 15% drop is smaller than the original forecasted decrease.
University of Arkansas Extension Economist, Hunter Biram spoke with RFD-TV on highlights from the latest report, what net farm income decline they were expecting, and what to expect moving forward.
Related Stories
“For producers, the retaliation is the big threat...
Public support for producer payments is strongest for natural disasters, according to a recent study
“We find lots of public support when there is a natural disaster, but maybe a little bit less when people think prices are too low.”