Selected farm production expenses, 2019–20F

$ billion (nominal)

Horizontal Bar chart with 11 groups with 2 items per group.

Increase

Group 1, Feed purchases.
Item 1, 2019 59.442.
Item 2, 2020F 59.662.
Group 2, Labor.
Item 1, 2019 35.053.
Item 2, 2020F 35.656.
Group 3, Fertilizer.
Item 1, 2019 22.333.
Item 2, 2020F 23.469.
Group 4, Seed purchases.
Item 1, 2019 21.215.
Item 2, 2020F 21.252.
Group 5, Net rent.
Item 1, 2019 16.831.
Item 2, 2020F 18.11.
Group 6, Pesticides.
Item 1, 2019 15.516.
Item 2, 2020F 15.534.
Group 7, Property taxes/fees.
Item 1, 2019 14.144.
Item 2, 2020F 15.149.

Decrease

Group 8, Livestock/poultry purchases.
Item 1, 2019 28.658.
Item 2, 2020F 26.719.
Group 9, Interest.
Item 1, 2019 20.664.
Item 2, 2020F 15.311.
Group 10, Fuel/oil.
Item 1, 2019 13.194.
Item 2, 2020F 11.296.

Note: F = forecast. Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 2, 2020.