Webinar: Farm Income and Financial Forecasts, November 2019 Update, Nov. 27, 1 p.m. EST
Date: Wednesday, November 27, 2019
Time: 1:00 PM EST
Duration: 1 hour
Host: Carrie Litkowski
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 provided an updated farm sector income and wealth forecast for calendar year 2019. Forecast details included cash receipts, other sources of income (including government payments and insurance indemnities), production expenditures, off-farm income, and breakouts by major commodities and regions.
This webinar was recorded and will be posted at www.ers.usda.gov/multimedia.