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Highlights From the 2014 Farm Income Forecast
U.S. net farm income in 2014 is forecast down nearly 25 percent from 2013’s estimate, as of December 12. Median income for farm households is forecast to decrease slightly in 2014, to $70,564.

New from ERS

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Could Alternative CRP Auction Designs Increase Cost-Effectiveness?
Effective design of auctions for enrolling participants in Federal conservation programs could help meet program goals, reduce Government expenditures, and encourage landowners to provide greater environmental services.
Newsroom image for ERS report "Structure and Finances of U.S. Farms: Family Farm Report, 2014 Edition" (EIB-132)
Most U.S. Farms Are Family Operations
Most U.S. farms—97 percent in 2011—are family operations. Small family farms make up 90 percent of the count, though midsize and large-scale family farms produce 60 percent of value of production, per ERS’s latest Family Farm Report.
Newsroom image for ERS report "The Food Safety Performance of Ground Beef Suppliers to the National School Lunch Program" (ERR-180)
Safety Performance of Ground Beef Supplied to School Lunch Program
Overall, ERS found that on Salmonella spp tests, suppliers of ground beef to the National School Lunch Program equaled or surpassed the food safety performance of suppliers of ground beef to general commercial markets.
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Sanitary-Phytosanitary Policy, Tariff-Rate Quotas, and U.S.-EU Meat Trade
The EU is one of the world’s largest producers and consumers of beef, pork, and poultry, but EU tariff-rate quotas (TRQs) and sanitary and phytosanitary (SPS) policies continue to limit imports of U.S. meats.

Last updated: Wednesday, January 14, 2015

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