U.S. net farm income in 2022: Revisions between the September 2022 forecast and December 2022 forecast

Billion dollars

Floating Bar chart with 9 items.

Item 1, Net farm income 2022F (as of September 2022), 147.698.
Item 2, Crop receipts, 11.326.
Item 3, Value of crop inventory change, -4.466.
Item 4, Animals/products receipts, 4.899.
Item 5, Value of animals/ products inventory change, -0.838.
Item 6, Production expenses, -4.673.
Item 7, Government payments, 3.519.
Item 8, All other changes, 3.023.
Item 9, Net farm income 2022F (as of December 2022), 160.489.

Note: F = forecast. Components may not sum to total revision because of rounding. Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 1, 2022.