Billion 2025 dollars
Line graph with 4 lines and 22 points per line.
Line 1, Net farm income.
Point 1, 2004 is 141.8551.
Point 2, 2005 is 123.94058.
Point 3, 2006 is 87.65499.
Point 4, 2007 is 104.029564.
Point 5, 2008 is 113.732056.
Point 6, 2009 is 90.08728.
Point 7, 2010 is 110.38175.
Point 8, 2011 is 159.28511.
Point 9, 2012 is 132.71304.
Point 10, 2013 is 167.43686.
Point 11, 2014 is 122.7206.
Point 12, 2015 is 107.713394.
Point 13, 2016 is 81.41219.
Point 14, 2017 is 97.16354.
Point 15, 2018 is 103.352646.
Point 16, 2019 is 101.183395.
Point 17, 2020 is 120.37645.
Point 18, 2021 is 170.421.
Point 19, 2022 is 197.77263.
Point 20, 2023 is 154.5501.
Point 21, 2024F is 142.4398.
Point 22, 2025F is 180.11409.
Line 2, Net cash farm income.
Point 1, 2004 is 135.76854.
Point 2, 2005 is 136.35608.
Point 3, 2006 is 104.44979.
Point 4, 2007 is 114.989784.
Point 5, 2008 is 123.74305.
Point 6, 2009 is 107.7421.
Point 7, 2010 is 137.86649.
Point 8, 2011 is 172.78152.
Point 9, 2012 is 186.22139.
Point 10, 2013 is 184.21614.
Point 11, 2014 is 174.69899.
Point 12, 2015 is 140.84709.
Point 13, 2016 is 124.85907.
Point 14, 2017 is 129.93451.
Point 15, 2018 is 129.7955.
Point 16, 2019 is 134.6966.
Point 17, 2020 is 147.17632.
Point 18, 2021 is 180.76434.
Point 19, 2022 is 228.34601.
Point 20, 2023 is 164.50058.
Point 21, 2024F is 163.05301.
Point 22, 2025F is 193.6879.
Line 3, 2004-23 average NCFI.
Point 1, 2004 is 147.9877.
Point 2, 2005 is 147.9877.
Point 3, 2006 is 147.9877.
Point 4, 2007 is 147.9877.
Point 5, 2008 is 147.9877.
Point 6, 2009 is 147.9877.
Point 7, 2010 is 147.9877.
Point 8, 2011 is 147.9877.
Point 9, 2012 is 147.9877.
Point 10, 2013 is 147.9877.
Point 11, 2014 is 147.9877.
Point 12, 2015 is 147.9877.
Point 13, 2016 is 147.9877.
Point 14, 2017 is 147.9877.
Point 15, 2018 is 147.9877.
Point 16, 2019 is 147.9877.
Point 17, 2020 is 147.9877.
Point 18, 2021 is 147.9877.
Point 19, 2022 is 147.9877.
Point 20, 2023 is 147.9877.
Point 21, 2024F is 147.9877.
Point 22, 2025F is 147.9877.
Line 4, 2004-23 average NFI.
Point 1, 2004 is 124.389114.
Point 2, 2005 is 124.389114.
Point 3, 2006 is 124.389114.
Point 4, 2007 is 124.389114.
Point 5, 2008 is 124.389114.
Point 6, 2009 is 124.389114.
Point 7, 2010 is 124.389114.
Point 8, 2011 is 124.389114.
Point 9, 2012 is 124.389114.
Point 10, 2013 is 124.389114.
Point 11, 2014 is 124.389114.
Point 12, 2015 is 124.389114.
Point 13, 2016 is 124.389114.
Point 14, 2017 is 124.389114.
Point 15, 2018 is 124.389114.
Point 16, 2019 is 124.389114.
Point 17, 2020 is 124.389114.
Point 18, 2021 is 124.389114.
Point 19, 2022 is 124.389114.
Point 20, 2023 is 124.389114.
Point 21, 2024F is 124.389114.
Point 22, 2025F is 124.389114.
Note: F = forecast; data for 2024 and 2025 are forecasts. Values are adjusted for inflation using the U.S. Department of Commerce, Bureau of Economic Analysis, Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2025 by USDA, Economic Research Service.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of February 6, 2025.