Billion 2023 dollars
Line graph with 4 lines and 21 points per line.
Line 1, Net farm income.
Point 1, 2003 is 96.54194.
Point 2, 2004 is 134.8131.
Point 3, 2005 is 117.78878.
Point 4, 2006 is 83.30332.
Point 5, 2007 is 98.86459.
Point 6, 2008 is 108.08714.
Point 7, 2009 is 85.61548.
Point 8, 2010 is 104.90284.
Point 9, 2011 is 151.37724.
Point 10, 2012 is 126.12541.
Point 11, 2013 is 159.12468.
Point 12, 2014 is 116.628555.
Point 13, 2015 is 102.36661.
Point 14, 2016 is 77.370895.
Point 15, 2017 is 91.593216.
Point 16, 2018 is 97.471405.
Point 17, 2019 is 93.63188.
Point 18, 2020 is 109.462204.
Point 19, 2021 is 155.40947.
Point 20, 2022 is 188.94016.
Point 21, 2023F is 151.05783.
Line 2, Net cash farm income.
Point 1, 2003 is 114.22993.
Point 2, 2004 is 129.02869.
Point 3, 2005 is 129.58803.
Point 4, 2006 is 99.26434.
Point 5, 2007 is 109.28065.
Point 6, 2008 is 117.601265.
Point 7, 2009 is 102.39394.
Point 8, 2010 is 131.02335.
Point 9, 2011 is 164.20361.
Point 10, 2012 is 176.97769.
Point 11, 2013 is 175.07098.
Point 12, 2014 is 166.02666.
Point 13, 2015 is 133.85559.
Point 14, 2016 is 118.66108.
Point 15, 2017 is 123.49063.
Point 16, 2018 is 122.29223.
Point 17, 2019 is 125.58399.
Point 18, 2020 is 134.77455.
Point 19, 2021 is 165.20932.
Point 20, 2022 is 207.10298.
Point 21, 2023F is 157.86635.
Line 3, 2003-22 average NCFI.
Point 1, 2003 is 137.28297.
Point 2, 2004 is 137.28297.
Point 3, 2005 is 137.28297.
Point 4, 2006 is 137.28297.
Point 5, 2007 is 137.28297.
Point 6, 2008 is 137.28297.
Point 7, 2009 is 137.28297.
Point 8, 2010 is 137.28297.
Point 9, 2011 is 137.28297.
Point 10, 2012 is 137.28297.
Point 11, 2013 is 137.28297.
Point 12, 2014 is 137.28297.
Point 13, 2015 is 137.28297.
Point 14, 2016 is 137.28297.
Point 15, 2017 is 137.28297.
Point 16, 2018 is 137.28297.
Point 17, 2019 is 137.28297.
Point 18, 2020 is 137.28297.
Point 19, 2021 is 137.28297.
Point 20, 2022 is 137.28297.
Point 21, 2023F is 137.28297.
Line 4, 2003-22 average NFI.
Point 1, 2003 is 114.97095.
Point 2, 2004 is 114.97095.
Point 3, 2005 is 114.97095.
Point 4, 2006 is 114.97095.
Point 5, 2007 is 114.97095.
Point 6, 2008 is 114.97095.
Point 7, 2009 is 114.97095.
Point 8, 2010 is 114.97095.
Point 9, 2011 is 114.97095.
Point 10, 2012 is 114.97095.
Point 11, 2013 is 114.97095.
Point 12, 2014 is 114.97095.
Point 13, 2015 is 114.97095.
Point 14, 2016 is 114.97095.
Point 15, 2017 is 114.97095.
Point 16, 2018 is 114.97095.
Point 17, 2019 is 114.97095.
Point 18, 2020 is 114.97095.
Point 19, 2021 is 114.97095.
Point 20, 2022 is 114.97095.
Point 21, 2023F is 114.97095.
Note: F = forecast. Values are adjusted for inflation using the U.S. Department of Commerce, 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 November 30, 2023.