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USDA’s most recent Farm Sector Income Forecast, released Feb. 4, anticipates a slight decline in net farm income for 2022. U.S. net farm income, a broad measure of farm profitability, is currently forecasted at $113.7…
Alan Guebert traces the money wasted on the Market Facilitation Program and explains why it was a USDA failure.
An agriculture column by Alan Guebert.
From the start, however, the plan reeked of bad design and leaked buckets of money.
Guebert: How does what once was arguably the largest, finest collection of ag economists in the world, USDA’s Economic Research Service, get a two-year payment program at least $3 billion wrong even after a major, mid-stream overhaul? There are many ways.