Selected U.S. farm production expenses, 2020–21F

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

$ billion (nominal)

Increase:
Group 1, Feed purchases.
Item 1, 2020 56.84.
Item 2, 2021F 63.084.
Group 2, Labor.
Item 1, 2020 36.969.
Item 2, 2021F 39.416.
Group 3, Livestock/poultry purchases.
Item 1, 2020 28.995.
Item 2, 2021F 33.088.
Group 4, Fertilizer.
Item 1, 2020 24.436.
Item 2, 2021F 25.378.
Group 5, Seed purchases.
Item 1, 2020 23.016.
Item 2, 2021F 23.331.
Group 6, Interest.
Item 1, 2020 18.957.
Item 2, 2021F 20.253.
Group 7, Net rent.
Item 1, 2020 18.115.
Item 2, 2021F 19.228.
Group 8, Property taxes/fees.
Item 1, 2020 14.907.
Item 2, 2021F 15.952.
Group 9, Fuel/oil.
Item 1, 2020 11.984.
Item 2, 2021F 15.237.

Decrease:
Group 10, Pesticides.
Item 1, 2020 16.517.
Item 2, 2021F 16.252.

Note: F = forecast.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of September 2, 2021.