Net farm income climbed in 2020 despite COVID-19; 2021 looks promising

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Kansas farms appear to be moving out of the shadow of the global pandemic, according to two Kansas State University agricultural economists.Ad hoc government payments made because of the pandemic and higher than expected grain prices since last summer boosted average estimates for 2020 Kansas net farm income to $137,000, a 7 percent increase over $128,000 the previous year.Even though 2020 is past, the $137,000 is still an estimate. K-State economists will not have final numbers from the KFMA u...

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