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“Aginfluencers” Monetizing Farm Life
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“Aginfluencers” Monetizing Farm Life
LINCOLN, Neb. — Farm households have developed several tools to mitigate income volatility and manage risk. One common tool is off-farm income. Off-farm income can help stabilize household income from year-to-year and provide ancillary benefits like health insurance or retirement programs. According to Daniel Munch, an economist with American Farm Bureau Federation, 77% of U.S. farm household income in 2023 came from sources other than farming. …
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