State-Level Net Farm Income: Not a Boom for Everyone
Agricultural Economics Insights
NOVEMBER 12, 2023
Incomes Higher, Almost Everywhere Unfortunately, the USDA’s state-level data are only available through 2022. Figure 1 shows the recent change in net farm income by comparing 2022 with the 2016-2020 average. Underscoring that variability is Washington, where farm income in 2022 was 24% lower than the 2016-2020 period.
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