Farmers in US to See Incomes Soar as Government Aid Swells
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US farmers are expected to see a 30% surge in income this year in large part because of a huge increase in disaster payouts and other government aid.
Net farm income is expected to jump to $180.1 billion in 2025, the first rise in three years, the US Department of Agriculture said Thursday. A quadrupling in assistance payments to farmers and ranchers will account for more than 80% of that increase.