Third Quarter 2021 Investor Relations Handout

27 0 30 120 90 60 60 Net cash income Source: USDA; value in nominal (current) dollars 2015 Third quarter 2021 - Investor relations handout Autumn 2021 Public 2016 Farm income USDbn 150 2017 2018 US farm income (USDA) (as of 2 September 2021) 2019 -Net farm income 2020E 2021E 0 2012 20 10 2013 2014 30 30 2015 40 2016 Direct government payments USDbn 50 2017 2018 BUCHER 2019 2020E 2021E

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