The Importance of the Non-Farm Rural Economy to Farm Household Income
A recent study (Income Trends for Iowa Farms and Farm Families 2003-2015) by David Peters, associate professor and extension rural sociologist with Iowa State University, summarized current trends in farm income by type of farm operation and pointed to more specific issues regarding the importance of non-farm income to the financial picture of farm households. The study pointed out that net farm income has dropped the past three years for commercial farms. [node:read-more:link]