Billion 2024 dollars
Line graph with 4 lines and 21 points per line.
Line 1, Net farm income.
Point 1, 2004 is 138.46893.
Point 2, 2005 is 120.98399.
Point 3, 2006 is 85.56312.
Point 4, 2007 is 101.54602.
Point 5, 2008 is 111.01844.
Point 6, 2009 is 87.93664.
Point 7, 2010 is 107.74696.
Point 8, 2011 is 155.48347.
Point 9, 2012 is 129.54488.
Point 10, 2013 is 163.44125.
Point 11, 2014 is 119.792755.
Point 12, 2015 is 105.14225.
Point 13, 2016 is 79.46963.
Point 14, 2017 is 94.8441.
Point 15, 2018 is 100.88503.
Point 16, 2019 is 98.76785.
Point 17, 2020 is 117.50094.
Point 18, 2021 is 166.35045.
Point 19, 2022 is 193.05101.
Point 20, 2023 is 150.25575.
Point 21, 2024F is 140.71918.
Line 2, Net cash farm income.
Point 1, 2004 is 132.52766.
Point 2, 2005 is 133.10332.
Point 3, 2006 is 101.957115.
Point 4, 2007 is 112.24458.
Point 5, 2008 is 120.79058.
Point 6, 2009 is 105.17.
Point 7, 2010 is 134.57565.
Point 8, 2011 is 168.65778.
Point 9, 2012 is 181.77586.
Point 10, 2013 is 179.82013.
Point 11, 2014 is 170.53105.
Point 12, 2015 is 137.48505.
Point 13, 2016 is 121.87983.
Point 14, 2017 is 126.83277.
Point 15, 2018 is 126.69654.
Point 16, 2019 is 131.481.
Point 17, 2020 is 143.66226.
Point 18, 2021 is 176.44896.
Point 19, 2022 is 222.89473.
Point 20, 2023 is 164.57755.
Point 21, 2024F is 158.83125.
Line 3, 2004-23 average NCFI.
Point 1, 2004 is 144.65562.
Point 2, 2005 is 144.65562.
Point 3, 2006 is 144.65562.
Point 4, 2007 is 144.65562.
Point 5, 2008 is 144.65562.
Point 6, 2009 is 144.65562.
Point 7, 2010 is 144.65562.
Point 8, 2011 is 144.65562.
Point 9, 2012 is 144.65562.
Point 10, 2013 is 144.65562.
Point 11, 2014 is 144.65562.
Point 12, 2015 is 144.65562.
Point 13, 2016 is 144.65562.
Point 14, 2017 is 144.65562.
Point 15, 2018 is 144.65562.
Point 16, 2019 is 144.65562.
Point 17, 2020 is 144.65562.
Point 18, 2021 is 144.65562.
Point 19, 2022 is 144.65562.
Point 20, 2023 is 144.65562.
Point 21, 2024F is 144.65562.
Line 4, 2004-23 average NFI.
Point 1, 2004 is 121.38967.
Point 2, 2005 is 121.38967.
Point 3, 2006 is 121.38967.
Point 4, 2007 is 121.38967.
Point 5, 2008 is 121.38967.
Point 6, 2009 is 121.38967.
Point 7, 2010 is 121.38967.
Point 8, 2011 is 121.38967.
Point 9, 2012 is 121.38967.
Point 10, 2013 is 121.38967.
Point 11, 2014 is 121.38967.
Point 12, 2015 is 121.38967.
Point 13, 2016 is 121.38967.
Point 14, 2017 is 121.38967.
Point 15, 2018 is 121.38967.
Point 16, 2019 is 121.38967.
Point 17, 2020 is 121.38967.
Point 18, 2021 is 121.38967.
Point 19, 2022 is 121.38967.
Point 20, 2023 is 121.38967.
Point 21, 2024F is 121.38967.
Note: F = forecast. 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 2024 by USDA, Economic Research Service.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 3, 2024.