Graph and download economic data for Net farm income, USDA (B1448C1A027NBEA) from 1967 to 2023 about USDA, agriculture, Net, income, GDP, and USA.

This statistic shows the total gross farm income in the United States from 2000 to 2024. In 2001, the gross farm income totaled some 249.9 billion U.S. dollars. By the end of 2023, it increased to 573 billion U.S. dollars.

This statistic shows the total net farm income in the U.S. from 2000 to 2024. In 2024, the net farm income was projected to total some 116.1 billion U.S. dollars.

This statistic shows the total U.S. farm income from crops between 2010 and 2022, with a forecast for 2023 and 2024. In 2022, farms' cash receipts from this commodity came to around 278 billion U.S. dollars.

Graph and download economic data for Proprietors' Farm Income in Iowa (IAOFAR) from Q1 1948 to Q1 2025 about proprietors, IA, agriculture, income, and USA.

Graph and download economic data for Net Income of Farm Operators from Farming for United States (A08158USA144NNBR) from 1910 to 1941 about agriculture, Net, income, and USA.

This product provides information on Alberta Farm Income Statistics for Alberta, Canada and other provinces. Presented on a calendar year basis, including both current updates to include data to the current reference year and historical year perspective from the past five years. Specific featured topics include farm cash receipts; farm operating expenses and net farm cash income; farm debt outstanding; value of farm capital and value of acre of farm land and buildings during the period covered. Distribution of the current year's Canadian Farm Cash Receipts is presented showing the Top five Agriculture Producing Provinces as a Percent of Canada in the current year.

Aggregate totals represent summed weighted totals of the survey sample for each year. Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals. Percentage calculations have been undertaken on unrounded figures.

China Cash Income per Capita: Year to Date: RH: HB: PS: Agriculture: Farming data was reported at 651.000 RMB in Jun 2009. This records an increase from the previous number of 333.000 RMB for Mar 2009. China Cash Income per Capita: Year to Date: RH: HB: PS: Agriculture: Farming data is updated quarterly, averaging 308.500 RMB from Mar 2001 (Median) to Jun 2009, with 16 observations. The data reached an all-time high of 913.000 RMB in Sep 2008 and a record low of 25.300 RMB in Jun 2007. China Cash Income per Capita: Year to Date: RH: HB: PS: Agriculture: Farming data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.HD: Income per Capita.

Net farm income by components, for Canada and the provinces (dollars x 1,000). Data are available on an annual basis.

Estimates of farm sector income with component accounts for the United States and for States.

United States - Net farm income, USDA was 155.86600 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Net farm income, USDA reached a record high of 185.54400 in January of 2022 and a record low of 12.32200 in January of 1968. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net farm income, USDA - last updated from the United States Federal Reserve on September of 2025.

This data product presents the latest household income forecast and estimates for U.S. family farms.

From 1910 until 1941, net income from farming fluctuated greatly. Income peaked at 8.8 billion U.S. dollars in the late 1910s, after the U.S. joined the First World War in 1917, which caused agricultural demand to skyrocket. Production then rose to meet this demand, but the war's end resulted in a surplus of goods which drove down crop prices and led to a farming crisis in the early-1920s.

Great Depression After recovery in the late-1920s, the Great Depression saw agricultural and rural sectors become some of the hardest-hit industries in the economy, as crop prices fell once more and international trade tariffs were raised. A scenario emerged where returns were so low that farmers were losing money by taking their goods to market - a large share of agricultural produce spoiled or was destroyed as a result, all while much of the population was going hungry. This was compounded by a series of droughts and sandstorms (known as the Dust Bowl) in the South and Midwest, which led to crop failure in many areas. Many farmers' homes were foreclosed, and rural eviction rates were high. This saw the concept of the penny auction emerging - this was where neighbors would go to home auctions, intimidate potential buyers, purchase the house, and return it to its original owner - however, most farmers were not lucky enough to have this support, especially Black sharecroppers, and many families migrated westward or to urban areas in search of opportunities.

Recovery Federal relief via the Agricultural Adjustment Act (AAA) helped stabilize the agricultural sector after 1933, as part of the New Deal. The AAA granted subsidies for farmers who limited their production, therefore increasing crop prices and rejuvenating the agricultural sector (although this system unintentionally favored larger landowners over sharecroppers). The government also bought large numbers of livestock for slaughter, as a means of rapidly injecting capital into the industry. Initially, a tax was levied against large companies that processes agricultural produce (namely food, textile, and cigarette companies) in order to fund the AAA, but the Supreme Court ruled this as unconstitutional in 1936, and the government funded these subsidies from 1938 onward.

Net Farm Income - Historical chart and current data through 2023.

Number of farm operators and income characteristics by the North American Industry Classification System (NAICS) from the Socioeconomic overview of the farm population.