Farm Income and Wealth Statistics

U.S. and State Farm Income and Wealth Statistics

These are the latest U.S. farm sector income and wealth statistics data. The data include historical U.S. and State-level farm income and wealth estimates, and U.S.-level forecasts for the current calendar year.

Data are released three times a year: typically in February, August, and November. The U.S.-level calendar-year forecast is first provided in February, and is updated in August and November. The August release converts the prior year's farm income and balance sheet forecasts to estimates, adds State-level farm income estimates, and revises previous years' estimates. The November release updates the current year's forecast and revises previous years' estimates, as needed.

Data are as of February 5, 2020, unless noted. The next scheduled forecast release is September 2, 2020.

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Note: Estimates are subject to revision. Changes generally occur when additional information is added as it becomes available. Because data from USDA's National Agricultural Statistics Service are a primary source of information to the accounts, revisions made to those data are incorporated into Economic Research Service estimates when preliminary data become final. Examples include revisions in official estimates of commodity production resulting from new census of agriculture data. Estimates may also be revised when administrative data are changed.

Last updated: Wednesday, February 05, 2020

For more information, contact: Farm Income Team