ERS releases farm income statement and balance sheet estimates and forecasts three times a year, in February, August and November. These core statistical indicators provide guidance to policy makers, lenders, commodity organizations, farmers, and others interested in the financial status of the farm economy. ERS' farm income statistics also inform the computation of agriculture's contribution to the gross domestic product of the U.S. economy.
During this webinar, economist Carrie Litkowski provides an updated farm sector income and wealth forecast for calendar year 2018. Forecast details include cash receipts, other sources of income (including government payments and insurance indemnities), production expenditures, off-farm income, and breakouts by major commodities and regions.
See the latest Farm Income Forecast.