Selected farm production expenses, 2019F–20F

Horizontal Bar chart with 10 groups with 2 items per group.

$ billion (nominal)

Increase

Group 1, Feed purchases.
Item 1, 2019F 56.374.
Item 2, 2020F 59.624.
Group 2, Labor.
Item 1, 2019F 36.421.
Item 2, 2020F 38.36.
Group 3, Livestock/poultry purchases.
Item 1, 2019F 28.14.
Item 2, 2020F 29.067.
Group 4, Fertilizer.
Item 1, 2019F 22.02.
Item 2, 2020F 23.119.
Group 5, Seed purchases.
Item 1, 2019F 20.19.
Item 2, 2020F 20.703.
Group 6, Net rent.
Item 1, 2019F 15.488.
Item 2, 2020F 15.564.
Group 7, Property taxes/fees.
Item 1, 2019F 14.733.
Item 2, 2020F 15.027.
Group 8, Pesticides.
Item 1, 2019F 14.592.
Item 2, 2020F 14.955.
Group 9, Fuel/oil.
Item 1, 2019F 11.951.
Item 2, 2020F 12.659.

Decrease

Group 10, Interest.
Item 1, 2019F 19.37.
Item 2, 2020F 18.008.

Note: F = forecast. Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of February 5, 2020.