$ billion
Line graph with 2 lines and 53 points per line.
Line 1, Nominal production expenses.
Point 1, 1970 is 44.452.
Point 2, is 47.107.
Point 3, is 51.688.
Point 4, is 64.554.
Point 5, is 70.98.
Point 6, is 75.043.
Point 7, is 82.742.
Point 8, is 88.884.
Point 9, is 103.249.
Point 10, is 123.305.
Point 11, 1980 is 133.138.
Point 12, is 139.444.
Point 13, is 140.305.
Point 14, is 139.593.
Point 15, is 142.006.
Point 16, is 132.559.
Point 17, is 125.008.
Point 18, is 130.403.
Point 19, is 138.283.
Point 20, is 145.116.
Point 21, 1990 is 151.534.
Point 22, is 151.814.
Point 23, is 150.384.
Point 24, is 158.297.
Point 25, is 163.54.
Point 26, is 171.062.
Point 27, is 176.871.
Point 28, is 186.723.
Point 29, is 185.473.
Point 30, is 187.244.
Point 31, 2000 is 190.982.
Point 32, is 195.009.
Point 33, is 191.426.
Point 34, is 197.739.
Point 35, is 207.453.
Point 36, is 219.742.
Point 37, is 232.734.
Point 38, is 269.547.
Point 39, is 286.489.
Point 40, is 274.384.
Point 41, 2010 is 279.401.
Point 42, is 306.852.
Point 43, is 353.376.
Point 44, is 360.373.
Point 45, is 391.05.
Point 46, is 359.131.
Point 47, is 349.938.
Point 48, is 350.285.
Point 49, is 343.802.
Point 50, is 348.465.
Point 51, is 357.732.
Point 52, is 371.177.
Point 53, 2022F is 437.34.
Line 2, Inflation-adjusted expenses (chain-type GDP deflator 2022=100).
Point 1, 1970 is 257.425.
Point 2, is 259.626.
Point 3, is 273.062.
Point 4, is 323.336.
Point 5, is 326.255.
Point 6, is 315.613.
Point 7, is 329.832.
Point 8, is 333.6.
Point 9, is 362.049.
Point 10, is 399.265.
Point 11, 1980 is 395.292.
Point 12, is 378.296.
Point 13, is 358.47.
Point 14, is 343.242.
Point 15, is 337.002.
Point 16, is 304.938.
Point 17, is 281.853.
Point 18, is 286.972.
Point 19, is 293.925.
Point 20, is 296.816.
Point 21, 1990 is 298.719.
Point 22, is 289.529.
Point 23, is 280.404.
Point 24, is 288.316.
Point 25, is 291.65.
Point 26, is 298.793.
Point 27, is 303.391.
Point 28, is 314.836.
Point 29, is 309.323.
Point 30, is 307.963.
Point 31, 2000 is 307.09.
Point 32, is 306.502.
Point 33, is 296.417.
Point 34, is 300.182.
Point 35, is 306.734.
Point 36, is 315.074.
Point 37, is 323.633.
Point 38, is 364.948.
Point 39, is 380.722.
Point 40, is 362.247.
Point 41, 2010 is 364.478.
Point 42, is 392.158.
Point 43, is 443.293.
Point 44, is 444.214.
Point 45, is 473.225.
Point 46, is 430.448.
Point 47, is 415.298.
Point 48, is 407.845.
Point 49, is 390.92.
Point 50, is 389.329.
Point 51, is 394.548.
Point 52, is 392.967.
Point 53, 2022F is 437.34.
Note: F = forecast. Real values are adjusted for inflation using the U.S. Bureau of Economic Analysis Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2022 by USDA, Economic Research Service.
Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of September 1, 2022.