USDA's Economic Research Service
TopicsTopics

Stay Connected

Follow ERS on Twitter
Subscribe to RSS feeds
Subscribe to ERS e-Newsletters.aspx
Listen to ERS podcasts
Read ERS blogs at USDA

Overview

U.S. and State Farm Income and Wealth Statistics

These are the latest data concerning the farm income forecast, national and State net value added, net cash income, cash receipts, government payments, the balance sheet, production expenses, capital replacement costs, number of farms, land in farms, and real estate values.

Data are updated three times a year. The February release provides the first forecast for the current year and a revision of the prior year's forecast. The August release converts the prior year's farm income and balance sheet forecasts to estimates and adds farm income State-level estimates, revises previous years' estimates, and updates the current year's forecast. The November release updates the current year's forecast.

The data are as of August 28, 2012 unless otherwise noted. The next release will be November 27, 2012.

 

Data Set  
U.S. Farm Income and Wealth Statistics (includes the U.S. Farm Income Forecast, 2012)Back to top
Income statement for the U.S. farm sector, 2008-2012F8/28/201211/27/2012
Value-added to the U.S. economy by the agricultural sector (includes net farm income), 2008-2012F8/28/201211/27/2012
Farm income indicators, 2008-2012F8/28/201211/27/2012
Farm sector cash receipts from sales of agricultural commodities, 2008-2012F8/28/201211/27/2012
Farm production expenses, 2008-2012F8/28/201211/27/2012
Farm business average net cash income forecasts, 2008-2012F8/28/201211/27/2012
Balance sheet of the farming sector, 2008-2012F8/28/201211/27/2012
Direct government payments, 2008-2012F8/28/201211/27/2012
Farm income/balance sheet items in constant (2005=100) dollars, 1929-2012F8/28/201211/27/2012
Historical and State-Level Data—U.S. Farm Income and Wealth StatisticsBack to top
Net value added and net farm incomeBack to top
U.S. tablesBack to top
Value added to the U.S. economy by the agricultural sector via the production of goods and services, by component, and net farm income, 1910-20118/28/201211/27/2012
State tablesBack to top
Value added to the U.S. economy by the agricultural sector via the production of goods and services, by component, and net farm income, 1949-2011 (States by years format)8/28/201211/27/2012
Value added to the U.S. economy by the agricultural sector via the production of goods and services, 1949-2011 (Years by States format)8/28/201211/27/2012
State ranking tablesBack to top
Ranking of States for total net farm income, value of production per acre, and net farm income per acre and per operation for 20118/28/201211/27/2012
Net cash incomeBack to top
U.S. tables (include details)Back to top
U.S. net cash income from farming operations (included gross cash income, cash production expenses), 1910-20118/28/201211/27/2012
State tablesBack to top
Total net cash income from farming operations, by State, 1949-20118/28/201211/27/2012
Returns to operatorsBack to top
U.S. tables (include details)Back to top
Net returns to operators earned from the production of goods and services in the agricultural sector (includes details about gross receipts and farm production expenses), 1910-20118/28/201211/27/2012
State tablesBack to top
Total net returns to operators, by State, 1949-20118/28/201211/27/2012
Cash receiptsBack to top
U.S. tables (include details)Back to top
Monthly cash receipts from farming, by commodity group, 2012 (includes latest annual data)9/12/201210/13/2012
Cash receipts, by commodity groups and selected commodities, 1924-20118/28/201211/27/2012
Leading commodities for cash receipts, 20118/28/201211/27/2012
State tablesBack to top
Monthly cash receipts from farming, by State, for crops, livestock, and total, 2012 (includes latest annual data)9/12/201210/13/2012
Annual cash receipts, by commodity groups and selected commodities, by State, 2000-20118/28/201211/27/2012
Historical annual cash receipts, by commodity groups and selected commodities, by State, 1924-19998/28/201211/27/2012
State/commodity ranking tablesBack to top
Leading commodities by State, 20118/28/201211/27/2012
Leading producer States by commodity, 20118/28/201211/27/2012
Leading producer States by commodity group, 20118/28/201211/27/2012
Government paymentsBack to top
U.S. tablesBack to top
Direct government payments by program, 1933-20118/28/201211/27/2012
State tablesBack to top
Value of total direct government payments, by State, 1949-20118/28/201211/27/2012
Government payments, by program and State, 1990-20118/28/201211/27/2012
Summary income tables of the above elementsBack to top
Value of livestock production8/28/201211/27/2012
Gross farm income8/28/201211/27/2012
Gross receipts of farms8/28/201211/27/2012
Gross cash income8/28/201211/27/2012
Cash receipts, total8/28/201211/27/2012
Cash receipts, crops8/28/201211/27/2012
Cash receipts, livestock8/28/201211/27/2012
Direct government payments8/28/201211/27/2012
Farm-related income8/28/201211/27/2012
Machine hire and customwork income8/28/201211/27/2012
Home consumption8/28/201211/27/2012
Gross imputed value of all dwellings8/28/201211/27/2012
Gross imputed value of operator dwellings8/28/201211/27/2012
Inventory adjustment, total8/28/201211/27/2012
Inventory adjustment, crops8/28/201211/27/2012
Inventory adjustment, livestock8/28/201211/27/2012
Production expensesBack to top
U.S. tables, 1910-2011Back to top
U.S. production agriculture expenses, all categories 8/28/201211/27/2012
U.S. capital expenditures 8/28/201211/27/2012
U.S. capital replacement costs 8/28/201211/27/2012
U.S. and State-level tables, 1949-2011Back to top
Total expenses incurred in production of ag. sector output, including operator dwellings8/28/201211/27/2012
Total expenses incurred in production of ag sector output, excluding operator dwellings8/28/201211/27/2012
Total cash expenses, excluding operator dwellings8/28/201211/27/2012
Nonfactor payments, excluding operator dwellings8/28/201211/27/2012
Payments to stakeholders8/28/201211/27/2012
Factor payments to nonoperators, excluding operator dwellings8/28/201211/27/2012
Purchased inputs, value-added, including operator dwellings8/28/201211/27/2012
Purchased inputs, including operator dwellings8/28/201211/27/2012
Purchased inputs, excluding operator dwellings8/28/201211/27/2012
Farm-origin expenses8/28/201211/27/2012
Purchased feed expenses8/28/201211/27/2012
Purchased livestock and poultry expenses8/28/201211/27/2012
Purchased seed expenses8/28/201211/27/2012
Manufactured inputs expenses8/28/201211/27/2012
Fertilizer and lime expenses8/28/201211/27/2012
Pesticide expenses8/28/201211/27/2012
Fuel and oil expenses8/28/201211/27/2012
Electricity expenses8/28/201211/27/2012
Other purchased inputs, value-added, including operator dwellings8/28/201211/27/2012
Other purchased inputs, including operator dwellings8/28/201211/27/2012
Other purchased inputs, excluding operator dwellings8/28/201211/27/2012
Repair and maintenance expenses, including operator dwellings8/28/201211/27/2012
Repair and maintenance expenses, excluding operator dwellings8/28/201211/27/2012
Machine hire and customwork expenses8/28/201211/27/2012
Marketing, storage, and transportation expenses8/28/201211/27/2012
Miscellaneous expenses, value-added, including operator dwellings8/28/201211/27/2012
Miscellaneous expenses, including operator dwellings8/28/201211/27/2012
Miscellaneous expenses, excluding operator dwellings8/28/201211/27/2012
Motor vehicle registration and licensing fees8/28/201211/27/2012
Total labor expenses8/28/201211/27/2012
Cash labor expenses8/28/201211/27/2012
Contract labor expenses8/28/201211/27/2012
Employee compensation (hired labor expense)8/28/201211/27/2012
Interest expenses, including operator dwellings8/28/201211/27/2012
Interest expenses, excluding operator dwellings8/28/201211/27/2012
Nonreal estate interest8/28/201211/27/2012
Real estate interest, including operator dwellings8/28/201211/27/2012
Real estate interest, excluding operator dwellings8/28/201211/27/2012
Net rent to nonoperator landowners, including landlord capital consumption8/28/201211/27/2012
Net rent to nonoperator landowners, excluding landlord capital consumption8/28/201211/27/2012
Property taxes, including operator dwellings8/28/201211/27/2012
Property taxes, excluding operator dwellings8/28/201211/27/2012
Capital consumption, including operator dwellings8/28/201211/27/2012
Capital consumption, excluding operator dwellings8/28/201211/27/2012
Farm balance sheetBack to top
U.S. tables (include details)Back to top
U.S. farm sector balance sheet, 1960-20118/28/201211/27/2012
U.S. farm sector liquidity and efficiency, 1960-20118/28/201211/27/2012
U.S. farm sector solvency and profitability, 1960-20118/28/201211/27/2012
State tablesBack to top
State-level farm sector balance sheets, 1960-2003 (the estimation of State-level balance sheets has been suspended. Data for all 50 States are included in the ZIP file.)11/18/2004
State-level farm sector liquidity/efficiency and solvency/profitability ratios, 1960-2003 (the estimation of State-level balance sheets has been suspended. Data for all 50 States are included in the ZIP file.)11/18/2004
Land in farms, number of farms, and farm real estate valuesBack to top
U.S. and State-level data, 1850-2011Back to top
Number of farms 8/28/2012
Land in farms 8/28/2012
Farm real estate values 8/28/2012

Last updated: Tuesday, August 28, 2012

For more information contact: Theodore Covey, Ken Erickson, Michael Harris, Christopher McGath, Kevin Patrick, Stephen Vogel, and Robert Williams