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.

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 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.

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.

Graph and download economic data for Farm Income for United States (Q0876BUSQ027SNBR) from Q1 1946 to Q2 1968 about agriculture, income, and USA.

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

The US agricultural industry has been shaped by fluctuations in crop prices, production levels and yields. While prices for core US crops such as corn and wheat remain above historical averages, they have moderated from the peaks seen in 2021-2022. This moderation has clashed with high production costs, particularly for inputs like seeds and fertilizers, which have not decreased in line with prices and revenues. Purchase costs also stand to worsen as tariffs imposed by the US have the potential to drive up prices for imported agricultural inputs. As a result, farmers are encountering tighter profit, even as industry revenue has grown overall. Despite the pressures from input costs, technological advancements such as precision agriculture are helping to offset some challenges by improving efficiency and production. Overall, revenue has grown at a CAGR of 2.7% to reach an estimated $586.5 billion after a decrease of 2.6% in 2025. In tandem with these price and production shifts, consumer preferences are exerting significant influence over the agricultural landscape. The demand for sustainable and ethically produced livestock products is rising, prompting producers to adapt their practices to meet changing consumer expectations. This shift comes amid severe drought conditions forcing cattle herd liquidations, a move that has boosted revenues through higher prices and sales volumes but ultimately stresses long-term supplies. Meanwhile, climate change continues to introduce strong production fluctuations, as evidenced by altering pest and disease patterns and extreme weather events disrupting traditional farming cycles. Adaptation strategies, such as planting drought-resistant crops and investing in climate-smart technologies, are becoming increasingly common as farmers strive to maintain resilience. In the coming five years, the sector will struggle to maintain revenue as prices decline in key segments and climate change adds a great deal of volatility. Sector revenue is forecast to decline at a CAGR of 0.5% to reach $573.3 billion in 2030. Crop prices are projected to decline over the next decade, while yields are expected to trend upward due to ongoing technological advancements. Despite drops in overall export revenue and competition from producers such as China and Brazil, emerging markets, particularly in Asia and Africa, will present new avenues for growth as demand for diverse agricultural products increases. Additionally, the potential for income generation through participation in carbon markets and adoption of nature-positive farming practices offers promising revenue diversification. The increasing frequency of extreme seasons and weather events, however, will make production planning challenging and exaggerate farmers' dependence on agricultural services, agrochemicals, irrigation and other expenses, putting pressure on profit as farmers try to maintain yields.

State fact sheets provide information on population, income, education, employment, federal funds, organic agriculture, farm characteristics, farm financial indicators, top commodities, and exports, for each State in the United States. Links to county-level data are included when available.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Query tool For complete information, please visit https://data.gov.

Graph and download economic data for Farm Income for United States (Q0876AUSQ027NNBR) from Q1 1939 to Q4 1945 about agriculture, income, and USA.

This statistic shows the income made by farms from feed crops in the United States from 2010 to 2022, with a forecast for 2023 and 2024. In 2022, farms' cash receipts from this commodity came to just over 100 billion U.S. dollars.

This statistic shows the income made by farms from all commodities in the United States between 2001 and 2024. In 2023, farms' cash receipts from all commodities came to around 506.77 billion U.S. dollars.

The U.S. agricultural sector is especially vulnerable to fluctuations in trade with Mexico, Canada, and China. Several major commodities and staple consumer food products rely heavily on exports to and imports from these countries. Major changes to these key trade relationships could lead to reduced farm sector revenues and higher food prices for consumers.

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 dataset shows the long-run projections (Farm Receipts Expenses And Income) for the US agricultural sector to 2030 includes xassumptions for the US and international macroeconomic conditions and projections for major commodities, farm income, and the US agricultural trade value. Values are from the publication United States Department of Agriculture (USDA) Agricultural Projections to 2031, December 2021.

Graph and download economic data for Cash Income from Farming, Total for United States (M1231BUSM144NNBR) from Jan 1935 to Dec 1949 about cash, agriculture, income, and USA.

This statistic shows the income made by farms in the United States from livestock and products between 2001 and 2023, with a forecast for 2024 and 2025. At the end of 2023, farms' cash receipts from this commodity came to around 244.4 billion U.S. dollars.

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

The US crop services industry faces intensified contraction through 2025, as lower crop prices and heightened market uncertainty dampen farmer demand for services. Over the past five years, significant declines in corn, wheat and cotton prices, combined with extreme weather disruptions, have forced service providers to contend with minimal revenue growth and shrinking profit. Providers have responded to depressed market activity and climate-driven volatility by deferring purchases, controlling costs and aggressively managing their workforce. While the organic crop segment attracted attention, the overall market remains challenged by stringent regulations and high certification barriers. Throughout this period, the industry’s average profit share fell to 6.1%. Industry revenue contracted at a -2.0% CAGR between 2020 and 2025, with revenue falling 0.5% in 2025 to $32.4 billion. Despite near-record crop production levels, the industry continues to face downward pressure from excess global stocks and persistently low prices, which reduce farm income and limit service spending. Providers serving farmers that produce major staple crops, such as corn, soybeans and cotton, have been adapting by offering enhanced services and cost-effective management solutions. Unpredictable weather, exacerbated by climate change, generated sharp, region-specific swings in service demand. Labor-intensive segments have benefited from the growing demand for contract labor and postharvest services, although rising wages and skilled operator shortages continue to put pressure on profit. This increase in labor expenses, compounded by restrictive immigration policies, poses a challenge to maintaining profitability as many service providers struggle to pass on rising wages and high purchase costs to their clients. These trends highlight how crop prices, input costs, climate patterns and regulatory changes shape the landscape of the crop services industry. Looking ahead, the outlook for crop services signals a stabilization and modest recovery in performance, driven by a shift toward technology-driven efficiencies and climate-adaptive service offerings. Providers investing in automation, precision agriculture and climate resilience will be well-positioned to capture value as biofuel mandates expand and farmers seek strategies to withstand price volatility and weather-related disruptions. Although traditional service segments may see only gradual improvement, niche providers that expand into premium advisory, technology and labor solutions stand to benefit over the next cycle. The industry is projected to have a 0.6% CAGR from 2025 to 2030, reaching $33.5 billion in revenue by the end of the period, with profit forecast to remain steady at 6.2% over the next five years.

The Census of Agriculture, produced by the United States Department of Agriculture (USDA), provides a complete count of America's farms, ranches and the people who grow our food. The census is conducted every five years, most recently in 2022, and provides an in-depth look at the agricultural industry. This layer was produced from data obtained from the USDA National Agriculture Statistics Service (NASS) Large Datasets download page. The data were transformed and prepared for publishing using the Pivot Table geoprocessing tool in ArcGIS Pro and joined to county boundaries. The county boundaries are 2022 vintage and come from Living Atlas ACS 2022 feature layers.Dataset SummaryPhenomenon Mapped: Government programsGeographic Extent: 48 contiguous United States, Alaska, Hawaii, and Puerto RicoProjection: Web Mercator Auxiliary SphereSource: USDA National Agricultural Statistics ServiceUpdate Frequency: 5 yearsData Vintage: 2022Publication Date: April 2024AttributesNote that some values are suppressed as "Withheld to avoid disclosing data for individual operations", "Not applicable", or "Less than half the rounding unit". These have been coded in the data as -999, -888, and -777 respectively. You should account for these values when symbolizing or doing any calculations.Commodities included in this layer:Govt Programs, Federal - Operations with ReceiptsGovt Programs, Federal - Receipts, Measured in US Dollars ($) / OperationGovt Programs, Federal - Receipts, Measured in US Dollars ($)Govt Programs, Federal, (Excl Conservation & Wetlands) - Operations with ReceiptsGovt Programs, Federal, (Excl Conservation & Wetlands) - Receipts, Measured in US Dollars ($) / OperationGovt Programs, Federal, (Excl Conservation & Wetlands) - Receipts, Measured in US Dollar ($)Govt Programs, Federal, Conservation & Wetlands - AcresGovt Programs, Federal, Conservation & Wetlands - Number of OperationsGovt Programs, Federal, Conservation & Wetlands - Operations with ReceiptsGovt Programs, Federal, Conservation & Wetlands - Receipts, Measured in US Dollars ($) / OperationGovt Programs, Federal, Conservation & Wetlands - Receipts, Measured in US Dollars ($) Geography NoteIn Alaska, one or more county-equivalent entities (borough, census area, city, municipality) are included in an agriculture census area.What can you do with this layer?This layer is designed for data visualization. Identify features by clicking on the map to reveal the pre-configured pop-up. You may change the field(s) being symbolized. When symbolizing other fields, you will need to update the popup accordingly. Simple summary statistics are supported by this data.Questions?Please leave a comment below if you have a question about this layer, and we will get back to you as soon as possible.

Graph and download economic data for Proprietors' Farm Income in Iowa (IAOFAR) from Q1 1948 to Q2 2025 about proprietors, IA, agriculture, income, and USA.