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U.S. and State-Level Farm Income and Wealth Statistics (Includes the U.S. Farm Income Forecast for 2014)

These are the latest data concerning the farm income forecast, including the forecasts for the income statement for the U.S. farm sector, value added, cash receipts and value of production, government payments, farm production expenses, and the balance sheet. Included are historical U.S. and State-level farm income and wealth statistics. Historical/State data cover the topics of net value added and net farm income, net cash income, cash receipts and value of production, government payments, farm production expenses, and the balance sheet.

Data are added once a year and revised up to three times a year, in February, August and November. The August release converts the prior year's farm income and balance sheet forecasts to estimates and adds State-level farm income estimates.

Note that State and U.S. revisions for 2012 and final estimates for 2013 will be included in ERS’s farm income estimates in November 2014 instead of in August, due to the change in timing of specific National Agricultural Statistics Service (NASS) data releases and the 2012 Census of Agriculture. For a schedule of specific 2012 Census of Agriculture data releases see Notices on the NASS website.

The data below are as of August 26, 2014. The next potential revision will be November 25, 2014. These tables cover the full history of data through 2014F, where available.

Summary of the U.S. Farm Income Forecast

Net Value Added and Net Farm Income 

Net Cash Income 

Cash Receipts

Government Payments

Production Expenses

Returns To Operators

Farm Balance Sheet

Farm Business Net Cash Income

 


Archive of Suspended Tables

The estimation of State-level balance sheet and liquidity/efficiency and solvency/profitability ratios has been suspended. Data for 1960-2003 fo all 50 States are included in a ZIP file.

Last updated: Tuesday, August 26, 2014

For more information contact: Mitch Morehart