IARN — A recent CoBank report completed by the University of Missouri shows 82 percent of farm household income now comes from off-farm sources. Most farmers cited reliable income as the top reason for off-farm employment, as one-half of farm households have negative farm income in a typical year. Health and retirement benefits were also cited as keys reasons for off-farm jobs within farm households. Agriculture Secretary Tom Vilsack said it’s something he noticed when he returned to the USDA with the Biden administration.
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Photo courtesy of the U.S. Department of Agriculture (USDA)
