Billion 2024 dollars
Bar chart with 5 groups with 6 items per group.
Group 1, 2020.
Item 1, USDA pandemic assistance 1/ 27.962757.
Item 2, Non-USDA pandemic assistance 2/ 6.991825.
Item 3, Market Facilitation Program payments 4.494519.
Item 4, All other payments 2.464493.
Item 5, Payments that are a function of crop prices 3/ 7.732775.
Item 6, Conservation payments 4.533745.
Group 2, 2021.
Item 1, USDA pandemic assistance 1/ 8.512573.
Item 2, Non-USDA pandemic assistance 2/ 9.791633.
Item 3, Market Facilitation Program payments 0.02098.
Item 4, All other payments 3.330803.
Item 5, Payments that are a function of crop prices 3/ 3.833687.
Item 6, Conservation payments 4.01665.
Group 3, 2022.
Item 1, USDA pandemic assistance 1/ 0.193464.
Item 2, Non-USDA pandemic assistance 2/ No data.
Item 3, Market Facilitation Program payments 0.001261.
Item 4, All other payments 12.024249.
Item 5, Payments that are a function of crop prices 3/ 0.535976.
Item 6, Conservation payments 3.756045.
Group 4, 2023.
Item 1, USDA pandemic assistance 1/ 0.546436.
Item 2, Non-USDA pandemic assistance 2/ No data.
Item 3, Market Facilitation Program payments 0.001367.
Item 4, All other payments 6.782319.
Item 5, Payments that are a function of crop prices 3/ 1.504128.
Item 6, Conservation payments 3.728638.
Group 5, 2024F.
Item 1, USDA pandemic assistance 1/ 0.02.
Item 2, Non-USDA pandemic assistance 2/ No data.
Item 3, Market Facilitation Program payments No data.
Item 4, All other payments 5.586143.
Item 5, Payments that are a function of crop prices 3/ 0.543893.
Item 6, Conservation payments 4.447063.
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. 1/ Includes payments from the Coronavirus Food Assistance Program and other USDA pandemic assistance for producers. 2/ Includes forgiven loans from the Paycheck Protection Program. 3/ Includes Price Loss Coverage, Agriculture Risk Coverage, loan deficiency payments (excluding grazeout payments), marketing loan gains, and dairy payments.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 3, 2024.