U.S. net farm income in 2021: Revisions between the February 2022 forecast and September 2022 estimate

$ billion

Floating Bar chart with 9 items.

Item 1, Net farm income 2021F (as of February 2022), value of 119.108.
Item 2, Crop receipts, value of 1.132.
Item 3, Value of crop inventory change, value of 2.403.
Item 4, Animals/products receipts, value of -0.149.
Item 5, Value of animals/ products inventory change, value of 0.091.
Item 6, Production expenses, value of 20.306.
Item 7, Government payments, value of -1.327.
Item 8, All other changes, value of -1.193.
Item 9, Net farm income 2021 (as of September 2022), value of 140.371.

Note: F = forecast. Components may not sum to total revision because of rounding.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of September 1, 2022.