These are the latest U.S. farm sector income and wealth statistics data. The data include historical U.S. and State-level farm income and wealth estimates as well as U.S.-level forecasts for the current calendar year.
These data are released three times a year: in February, August, and November. The U.S.-level calendar-year forecast is first provided in February, and is updated in August and November. The August release converts the prior year's farm income and balance sheet forecasts to estimates, adds State-level farm income estimates, and revises previous years' estimates. The November release updates the current year's forecast.
Data are as of February 7, 2017. The next scheduled forecast release is August 30, 2017.
Note: Estimates are subject to revision one year after their preliminary release, in cases where additional information becomes available that changes the summarization of survey results. Because USDA's National Agricultural Statistics Service estimates are a primary source of information to the accounts, revisions made to NASS estimates are incorporated into ERS estimates when preliminary estimates are finalized. Examples include revisions in official estimates of commodity production resulting from new Census data. Estimates may also be revised when administrative data are changed.
Last updated: Wednesday, March 08, 2017
For more information contact: Farm Income Team
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