Selected U.S. farm production expenses, 2021–22F

Horizontal bar chart with 10 groups and 2 items per group.

$ billion (nominal)

Group 1, Feed purchases.
Item 1, 2021 65.246.
Item 2, 2022F 74.983.
Group 2, Fertilizer.
Item 1, 2021 29.544.
Item 2, 2022F 44.99.
Group 3, Labor.
Item 1, 2021 37.069.
Item 2, 2022F 40.392.
Group 4, Livestock/poultry purchases.
Item 1, 2021 30.704.
Item 2, 2022F 35.537.
Group 5, Interest.
Item 1, 2021 18.95.
Item 2, 2022F 26.452.
Group 6, Seed purchases.
Item 1, 2021 22.315.
Item 2, 2022F 22.407.
Group 7, Pesticides.
Item 1, 2021 17.818.
Item 2, 2022F 21.462.
Group 8, Net rent.
Item 1, 2021 18.674.
Item 2, 2022F 19.898.
Group 9, Fuel/oil.
Item 1, 2021 13.927.
Item 2, 2022F 19.785.
Group 10, Property taxes/fees.
Item 1, 2021 15.52.
Item 2, 2022F 17.085.

Note: F = forecast.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of September 1, 2022.