Farm Profits, losses, and net loss on Schedule F

Billion $

Area chart with 12 items.

Item 1, 1998 $-16.7.
Item 2, 1999 $-15.4.
Item 3, 2000 $-17.3.
Item 4, 2001 $-18.7.
Item 5, 2002 $-20.7.
Item 6, 2003 $-19.8.
Item 7, 2004 $-20.6.
Item 8, 2005 $-20.7.
Item 9, 2006 $-23.
Item 10, 2007 $-24.6.
Item 11, 2008 $-26.6.
Item 12, 2009 $-25.7.

Area chart with 12 items.

Item 1, 1998 $8.8.
Item 2, 1999 $9.2.
Item 3, 2000 $8.3.
Item 4, 2001 $7.7.
Item 5, 2002 $6.3.
Item 6, 2003 $7.5.
Item 7, 2004 $7.4.
Item 8, 2005 $8.5.
Item 9, 2006 $7.7.
Item 10, 2007 $9.9.
Item 11, 2008 $11.7.
Item 12, 2009 $11.6.

Line graph with 1 line and 12 points.

Line 1, Taxable net.
Point 1, 1998 is $-7.9.
Point 2, 1999 is $-6.2.
Point 3, 2000 is $-9.
Point 4, 2001 is $-11.
Point 5, 2002 is $-14.4.
Point 6, 2003 is $-12.3.
Point 7, 2004 is $-13.2.
Point 8, 2005 is $-12.2.
Point 9, 2006 is $-15.3.
Point 10, 2007 is $-19.
Point 11, 2008 is $-14.9.
Point 12, 2009 is $-14.1.

Taxable net
Source: USDA-ERS, tax data are compiled from IRS.