Billion dollars (2023)
Line graph with 4 lines and 21 points per line.
Line 1, Net farm income.
Point 1, 2003 is 97.081474.
Point 2, 2004 is 135.56783.
Point 3, 2005 is 118.44773.
Point 4, 2006 is 83.76987.
Point 5, 2007 is 99.42195.
Point 6, 2008 is 108.69579.
Point 7, 2009 is 86.09798.
Point 8, 2010 is 105.487.
Point 9, 2011 is 152.20511.
Point 10, 2012 is 126.80413.
Point 11, 2013 is 159.91878.
Point 12, 2014 is 117.07265.
Point 13, 2015 is 102.6613.
Point 14, 2016 is 77.56544.
Point 15, 2017 is 91.72743.
Point 16, 2018 is 96.61116.
Point 17, 2019 is 92.758835.
Point 18, 2020 is 108.70573.
Point 19, 2021 is 154.98143.
Point 20, 2022 is 189.2837.
Point 21, 2023F is 141.28674.
Line 2, Net cash farm income.
Point 1, 2003 is 114.86832.
Point 2, 2004 is 129.75104.
Point 3, 2005 is 130.31299.
Point 4, 2006 is 99.820274.
Point 5, 2007 is 109.89673.
Point 6, 2008 is 118.26348.
Point 7, 2009 is 102.97101.
Point 8, 2010 is 131.75296.
Point 9, 2011 is 165.10164.
Point 10, 2012 is 177.93007.
Point 11, 2013 is 175.94466.
Point 12, 2014 is 166.65884.
Point 13, 2015 is 134.24094.
Point 14, 2016 is 118.959435.
Point 15, 2017 is 123.67159.
Point 16, 2018 is 122.31648.
Point 17, 2019 is 125.49004.
Point 18, 2020 is 134.6396.
Point 19, 2021 is 165.20047.
Point 20, 2022 is 209.1378.
Point 21, 2023F is 148.60196.
Line 3, 2002-21 average NCFI.
Point 1, 2003 is 137.84642.
Point 2, 2004 is 137.84642.
Point 3, 2005 is 137.84642.
Point 4, 2006 is 137.84642.
Point 5, 2007 is 137.84642.
Point 6, 2008 is 137.84642.
Point 7, 2009 is 137.84642.
Point 8, 2010 is 137.84642.
Point 9, 2011 is 137.84642.
Point 10, 2012 is 137.84642.
Point 11, 2013 is 137.84642.
Point 12, 2014 is 137.84642.
Point 13, 2015 is 137.84642.
Point 14, 2016 is 137.84642.
Point 15, 2017 is 137.84642.
Point 16, 2018 is 137.84642.
Point 17, 2019 is 137.84642.
Point 18, 2020 is 137.84642.
Point 19, 2021 is 137.84642.
Point 20, 2022 is 137.84642.
Point 21, 2023F is 137.84642.
Line 4, 2002-21 average NFI.
Point 1, 2003 is 115.24326.
Point 2, 2004 is 115.24326.
Point 3, 2005 is 115.24326.
Point 4, 2006 is 115.24326.
Point 5, 2007 is 115.24326.
Point 6, 2008 is 115.24326.
Point 7, 2009 is 115.24326.
Point 8, 2010 is 115.24326.
Point 9, 2011 is 115.24326.
Point 10, 2012 is 115.24326.
Point 11, 2013 is 115.24326.
Point 12, 2014 is 115.24326.
Point 13, 2015 is 115.24326.
Point 14, 2016 is 115.24326.
Point 15, 2017 is 115.24326.
Point 16, 2018 is 115.24326.
Point 17, 2019 is 115.24326.
Point 18, 2020 is 115.24326.
Point 19, 2021 is 115.24326.
Point 20, 2022 is 115.24326.
Point 21, 2023F is 115.24326.
Note: F = forecast. Values are adjusted for inflation using the U.S. Bureau of Economic Analysis Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2023 by USDA, Economic Research Service.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of August 31, 2023.