Nominal and inflation-adjusted U.S. farm production expenses, 1970–2026F

Farm sector production expenses are forecast at $477.7 billion in 2026, up from the 2025 forecast of $473.1 billion – an increase of $4.6 billion (1.0 percent) in nominal terms. When adjusted for inflation, the expenses are projected to decrease by $4.5 billion (0.9 percent) from their 2025 levels.