New from ERS—August 2004
Farm
income estimates, 2003
For only the third time in the last decade, the
value of both crop and livestock production increased
in the same year. In 2003, the value of production
for farm commodities rose by $21.2 billion (9.6
percent), while farmers' expenses for inputs to
produce crops and livestock rose by only 3 percent.
( posted on August 25, 2004)
[The forecast for farm sector income in the
current year, 2004, will be updated on November
9].
How
expensive are fruits and vegetables?
Probably less than you think. Among 69 forms of
fruits and 85 forms of vegetables at retail outlets,
ERS estimated more than half at 25 cents or less
per serving. Analysis of ACNielsen Homescan data
reveals that consumers can meet the recommendation
of three servings of fruits and four servings of
vegetables daily for well under 1 dollar. (posted
on August 3, 2004)
Access the data.
(posted on August 6, 2004)
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