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Need for off-farm incomes grows

From trucking to teaching, seed or chemical sales, off-farm jobs are nothing new for many agriculture operations. The need for supplemental income seems to be increasing, according to the latest data.

In a December 2022 report from the USDA, the mean household income on a farm was $135,281 in 2021, the highest ever recorded. However, more than $100,000 of that was coming from non-farm sources. Based on averages, less than 25% of a farm’s income came from the farm itself.

“In those record-setting years, nearly 50% of our farmers, ranchers and producers lost money,” U.S. Secretary of Agriculture Tom Vilsack said during an address at Commodity Classic in March. “Another 40% of those make some money, but the majority of the money they make comes from off-farm income.”

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Why the Fertilizer Crisis Won’t End When the Iran War Does

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The fertilizer crisis didn’t start with war — it revealed a system already under strain.

Seed World U.S. Editor Aimee Nielson breaks down what’s really happening in global fertilizer markets and why the impact on farmers may last far longer than current headlines suggest. Featuring insights from global fertilizer expert Melih Keyman and industry leaders Chris Abbott and Chris Turner, this conversation explores:

Why fertilizer supply was already tight before geopolitical disruption

What the Strait of Hormuz and global trade routes mean for input availability

How rising nitrogen prices are crushing farmer margins

Why this crisis could affect seed choices, crop mix and acreage decisions

The hidden risks around phosphate and sulfur supply

Why experts say this situation may get worse before it gets better

Even if tensions ease, the underlying issues — supply constraints, investment gaps and purchasing behavior — are still in play.

Watch to understand what this means for farmers, the seed industry and the future of global food production.