$ billion
Line graph with 2 lines and 51 points per line.
Line 1, Nominal production expenses.
Point 1, 1970 is 44.452.
Point 2, 1971 is 47.107.
Point 3, 1972 is 51.688.
Point 4, 1973 is 64.554.
Point 5, 1974 is 70.98.
Point 6, 1975 is 75.043.
Point 7, 1976 is 82.742.
Point 8, 1977 is 88.884.
Point 9, 1978 is 103.249.
Point 10, 1979 is 123.305.
Point 11, 1980 is 133.138.
Point 12, 1981 is 139.444.
Point 13, 1982 is 140.305.
Point 14, 1983 is 139.593.
Point 15, 1984 is 142.006.
Point 16, 1985 is 132.559.
Point 17, 1986 is 125.008.
Point 18, 1987 is 130.403.
Point 19, 1988 is 138.283.
Point 20, 1989 is 145.116.
Point 21, 1990 is 151.534.
Point 22, 1991 is 151.814.
Point 23, 1992 is 150.384.
Point 24, 1993 is 158.297.
Point 25, 1994 is 163.54.
Point 26, 1995 is 171.062.
Point 27, 1996 is 176.871.
Point 28, 1997 is 186.723.
Point 29, 1998 is 185.473.
Point 30, 1999 is 187.244.
Point 31, 2000 is 190.982.
Point 32, 2001 is 195.009.
Point 33, 2002 is 191.426.
Point 34, 2003 is 197.739.
Point 35, 2004 is 207.453.
Point 36, 2005 is 219.742.
Point 37, 2006 is 232.734.
Point 38, 2007 is 269.547.
Point 39, 2008 is 286.489.
Point 40, 2009 is 274.384.
Point 41, 2010 is 279.401.
Point 42, 2011 is 306.852.
Point 43, 2012 is 353.376.
Point 44, 2013 is 360.373.
Point 45, 2014 is 391.05.
Point 46, 2015 is 359.131.
Point 47, 2016 is 349.938.
Point 48, 2017 is 350.286.
Point 49, 2018 is 343.817.
Point 50, 2019 is 348.738.
Point 51, 2020F is 343.569.
Line 2, Inflation-adjusted expenses (chain-type GDP deflator 2020=100).
Point 1, 1970 is 233.174.
Point 2, 1971 is 235.168.
Point 3, 1972 is 247.346.
Point 4, 1973 is 292.882.
Point 5, 1974 is 295.528.
Point 6, 1975 is 285.88.
Point 7, 1976 is 298.76.
Point 8, 1977 is 302.174.
Point 9, 1978 is 327.942.
Point 10, 1979 is 361.651.
Point 11, 1980 is 358.062.
Point 12, 1981 is 342.664.
Point 13, 1982 is 324.706.
Point 14, 1983 is 310.904.
Point 15, 1984 is 305.258.
Point 16, 1985 is 276.212.
Point 17, 1986 is 255.305.
Point 18, 1987 is 259.938.
Point 19, 1988 is 266.241.
Point 20, 1989 is 268.858.
Point 21, 1990 is 270.582.
Point 22, 1991 is 262.256.
Point 23, 1992 is 253.988.
Point 24, 1993 is 261.165.
Point 25, 1994 is 264.183.
Point 26, 1995 is 270.651.
Point 27, 1996 is 274.815.
Point 28, 1997 is 285.182.
Point 29, 1998 is 280.183.
Point 30, 1999 is 278.862.
Point 31, 2000 is 278.149.
Point 32, 2001 is 277.779.
Point 33, 2002 is 268.577.
Point 34, 2003 is 272.301.
Point 35, 2004 is 278.229.
Point 36, 2005 is 285.847.
Point 37, 2006 is 293.782.
Point 38, 2007 is 331.334.
Point 39, 2008 is 345.564.
Point 40, 2009 is 328.403.
Point 41, 2010 is 330.543.
Point 42, 2011 is 355.61.
Point 43, 2012 is 401.792.
Point 44, 2013 is 402.611.
Point 45, 2014 is 428.985.
Point 46, 2015 is 390.233.
Point 47, 2016 is 376.298.
Point 48, 2017 is 369.629.
Point 49, 2018 is 354.348.
Point 50, 2019 is 353.035.
Point 51, 2020F is 343.569.
Note: F = forecast. Values are adjusted for inflation using the Gross Domestic Product chain-type price index, 2020=100. Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 2, 2020.