Kansas net farm income climbed in 2020 despite COVID-19; 2021 looks promising
Economists give early estimate and projections for 2021 MANHATTAN, Kan. – 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% increase over $128,000 the previous year. Even though 2020…