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Farm Income and Costs: Farm Sector Income Forecast

U.S. farm sector cash receipts from sales of agricultural commodities, 2007-2011F
Commodities
2007
2008
2009

2010
11/16/2011
2011F
Change
2009 to
2010
Change
2010 to
2011F
 
Billion dollars
Percent change
Crop receipts:
Food grains 13.6 18.7 14.8 13.9 16.7 -5.9 20.3
 Wheat 11.5 15.4 11.7 10.9 14.1 -7.2 29.9
 Rice 2.1 3.2 3.1 3.0 2.6 -1.0 -13.8
Feed crops 42.3 58.6 50.6 52.5 69.6 3.6 32.6
 Corn 34.1 48.4 42.5 44.8 60.0 5.3 34.0
 Barley, oats, and sorghum 2.2 2.7 2.4 2.2 2.2 -9.6 2.3
 Hay 6.0 7.4 5.6 5.4 7.3 -3.5 36.0
Oil crops 24.6 28.6 35.6 35.1 38.0 -1.2 8.2
 Soybeans 23.1 26.4 33.7 33.2 35.8 -1.6 7.9
 Peanuts 0.8 1.2 0.8 0.9 0.9 13.8 5.4
Cotton (lint and seed) 6.5 5.2 4.0 6.3 8.2 56.3 30.9
Fruits and nuts 18.7 19.2 19.2 21.5 22.2 12.4 3.3
Vegetables and melons 19.3 19.9 20.3 19.9 21.3 -1.9 7.0
Tobacco and All other crops 25.2 24.8 23.9 23.7 24.5 -0.8 3.3
TOTAL CROPS 150.1 175.0 168.3 172.9 200.6 2.7 16.0
Livestock receipts:
Meat animals 65.1 65.0 59.0 69.9 84.9 18.6 21.4
 Cattle and calves 49.8 48.5 43.8 51.5 62.3 17.5 20.9
 Hogs 14.8 16.1 14.7 17.9 21.9 21.8 22.7
 Sheep and lambs 0.5 0.4 0.4 0.5 0.7 21.6 30.5
 Poultry and eggs 33.1 36.8 32.4 35.5 36.2 9.3 2.2
 Broilers 21.5 23.2 21.8 23.7 22.6 8.6 -4.5
 Turkeys 3.9 4.5 3.6 4.4 5.0 22.3 15.0
 Eggs 6.7 8.2 6.1 6.5 7.6 5.5 16.7
All dairy 35.5 34.8 24.3 31.4 39.4 28.9 25.7
Miscellaneous livestock 4.9 5.0 4.5 4.7 4.8 3.5 1.7
TOTAL LIVESTOCK 138.5 141.6 120.3 141.4 165.4 17.6 16.9
TOTAL RECEIPTS 288.5 316.7 288.6 314.4 365.9 8.9 16.4
F = forecast. Numbers may not add due to rounding.

See all forecast tables.

 

For more information, contact: Ted Covey

Web administration: webadmin@ers.usda.gov

Updated date: November 29, 2011