December 9, 2020
December 2020: USDA Farm Income Forecast Update
In this episode, Purdue agricultural economists James Mintert and Brady Brewer discuss the latest December release of the USDA Farm Income Forecast report. Each year, United States Department of Agriculture (USDA) forecasts farm income in February and then releases additional updates throughout the year as more data becomes available. This Purdue Commercial AgCast episode discusses the latest updates to the 2020 forecast released by USDA on December 2nd. In an earlier episode, we share more about how to interpret the adjustments – find that episode at ‘Understanding USDA Farm Income Forecasts‘.
TAGS:
TEAM LINKS:
RELATED RESOURCES
UPCOMING EVENTS
December 1 & 8, 2025
Join Purdue Extension for a two-part workshop designed to help you gain a clearer understanding of tax planning essentials. The first session on December 1 will focus on the fundamentals of farm taxes, with particular emphasis on strategies that can be used in a low net income year. The second session on December 8 will focus on key tax strategies and will allow plenty of time for questions. Registration cost is only $20.
Read MoreDecember 15, 2025
This program provides in-depth coverage of agricultural and farm tax issues. In addition to covering timely tax issues, we will cover disaster tax issues, depreciation and expensing farm assets, retirement planning for farms, and tax planning in low-income years. This year’s webinar will be co-taught by a team from Ohio State and Purdue Universities.
Read MoreJanuary 27 or 28, 2026
Farm Shield is more than a conference, it’s a commitment to helping agricultural families build resilience and plan for a secure future. Don’t miss this opportunity to protect your legacy!
Read More