Farm Income Enhancement Program
The Farm Income Enhancement Program in the Department of Agricultural, Environmental, and Development Economics at The Ohio State University develops and delivers research, education, and outreach to enhance farm income and promote long-term stability for farm businesses. We conduct effectual research on issues and problems relating to sustainability of food, agricultural and environmental systems, as they relate to production, marketing, distribution and policy. Our goal is to enhance society’s understanding of farm income enhancement strategies for farm businesses.
Corn prices are on the rise, while soybean prices are projected to continue to dip this year before recovering a bit in 2020, according to government projections.
The United State Department of Agriculture (USDA), on March 6th, forecasted U.S. net farm income for 2019 to increase 10% from last year, from $63.1 billion in 2018 to $69.4 billion in 2019. This forecast is a positive sign to...